GOOD MORNING EXPERTS,

Whether we show the below details in TDS Return - 24Q quarterly & annual.

Gross Salary : 240000.00
Taxable Salary : 175000.00
(after deduction)

Should we show entries because of gross salary is above the limit?

thanks in advance.

if any person made a agreement of sale of house then is their any restriction on percentage of money forfeited. example if house is agreed to sale for 1 crore then can any one forfeiture advance money of 50 lac.
And,
is any other tax consequences other than under capital gain original cost is reduced,
like tax under income from other source, etc

SUPPOSE A EMPLOYEE IN LUDHIANA IS RECEIVING BELOW MENTIONED SALARY

BASIC 15000
HRA 8000
CONVEYANCE 2000

NOW HE HAS PAID RENT OF 5000 PER MONTH FOR 7 MONTHS. PL TELL HOW TO CALCULATE EXEMPTION

40% OF BASIC (IN THIS CASE 7 MONTHS OF BASIC) 15000*7*40/100=42000

HRA RECEIVED :- 8000*7=56000 (WILL IT BE FOR 7 MONTHS OR 12 MONTHS CONFIRM)

EXCESS OF RENT PAID OVER 10% OF SALARY
35000-(15000*7)*10/100=24500

EXEMPTION 24500

PL TELL WHETHER METHOD(ALL THREE PARTS IS CORRECT.

WHETHER HRA RECEIVED SHOULD NOT BE FOR 12 MONTHS OR 7 MONTHS IS CORRECT

PL CLARIFY

THANKS & REGARDS

Hi,

I am registered for my 3 years of articleship on 28th Mar 2012. I cleared my IPCC both the groups in Nov-2011 attempt.

Please let me know when is my CA Final eligibiilty as per new rules. Since my articleship or CA final registration letter received from the ICAI is sailent.

IS SCANNER SUFFICIENT FOR PREPARATION OF CPT JUNE 2013
Please any one help me in this type of regard
Waiting for your keen and positive reply as soon as possible

Hello sir/madam,
I want a information about good classes of icwai inter with minimum fees (Mumbai)

DEAR SIR

I WANT TO KNOW IS GRAUTITY OR LEAVE ENCASHMENT IS TAXABLE UNDER INCOME TAX ACT AT THE TIME OF

1 RETIREMENT

2 OR BEFORE RETIREMENT

THANKS & REGARDS

Mr. A give UNSECURED LOAN to Mr. B and A earns interest on it. At the END OF YEAR on 31st march B credited Interest to A's account of Rs. 100,000. Now, A want to issue 15G certificate to B, Can A do so? and Can A issue 15G at the end of year?


Thanks in advance.

Under reverse charge mechanism if suppose a service provider for works contract charges Service Tax on 30% of the value,Is it necessary that the service receiver has to pay only 50% of that or can he pay 50% on 40% of the value of service? Ie;can the service receiver's valuation be different?

Mr.A,service provides to Mr.B(He is in America) by way of developing software through online projects and Mr.A got the payment through Paypal A/c for that.
This service is liable to service tax?
If ST applicable,he is eligible to get abatement when he exceeds 10 lakhs?