Hi,
Suppose I gave donation to CRY for Rs.3600/-. CRY claims that this deduction is eligible for 100% deduction under sector 80GGA and for 50% deduction under section 80G sub to qualifying limit.
Pls suggest whether donation would be 100% expemt or 50%. Take net income above 5 lacs and there will not be any qualifying limit basis Net Income

I think it would be maximum Rs 1800/- basis 50% deduction under section 80G

One of my client have two Export units in Sahibabad,UP one is EOU and second is DTA. Both the units are adjoining each other there is only one partition between both the factories.
My question is about Stuffing Permission.
Is single stuffing permission is enough for both the units or two separate Stuffing permissions are required to be taken.
Please advise.
Regards
Subhash sharma
Advocate
M-9891338895

can i get a housing loan frm bank by giving my other jointly owned self occupied house (50%)as security. Is there any income tax benefit?

Hello Friends,
Please help me out of MVAT Act.
Is that compulsory to audit books under MVAT Act if there is no taxable sales. But having taxable purchases? And turnover of sale is 2 crore which is taxfree under MVAT Act. And a dealer having registered Under MVAT. Is he is liable to file Vat returns or not?
Please reply my query as early as possible.
Thanks in advance

Hi I am doing the audit of a construction company. They are buying river sand from different people ( It is coming under 'unregistered purchase' ). Almost all of them were cash payments and some exceeded 20,000 also. The yearly payments to all of them run to Lakhs of rupees.

The suppliers wont supply us any bill (Local people) and not having PAN.

Should we deduct TDS for payments to such people or such purchases attracts any other tax ? If any other treatments is there kindly let me know.

Kindly reply

i am liable to pay tax under reverse charge as I'm importing seervices

please let me know

Under which category & Code to register
Under which code to pay service tax

Thanks in advance.

Sir i am in 2 ca firm my articleship 5 month complet (1st ca firm me take 109 form and send it ) if after 3 month gap my it ott completing my article start in new ca firm them my previous 5 month count in my 3 year articleship if yes ,how and if no , then no problem me (i am 1st yr )

I am in my 2nd year of article ship. my principal is retiring from the partnership firm(under which i am registered) and now he is starting his own proprietor ship firm.. what is the procedure to transfer my articleship in this case.?

I wanted to know if my company is liable to deduct TDS on Escrow Fees paid to the Bank

For MVAT Registration what proof of Place of Business should be provided if applicant is neither Owner nor Tenant and Applicant is using place of other sister concern as Registered office.