SALARY Payable to PROJECT MANAGER & CONSTRUCTION MANAGER, should be considered as office overhead or it should be proportionately debited to Project Expanses, Kindly Clarify..

My spouse has taken home loan on her name. She is paying the loan from her own funds.
We are cohabiting.
My query is as follows
1)Can I pay rent to my wife and claim HRA?
2) can my spouse claim interest exemption u/s 24
3) How much interest can she deduct under sec 24? only upto 1.5 lakh or higher as technically if she takes rent from me it would be let out?
4) If property were considered let out, can she claim the entire house as let out or only a part?
Assuming i pay her fair market rent into her savings account

Is it in anywhere in provisions that if you have 3 yrs or more working experience in a ca firm,u will get exemption from undergoing 15 months of cs management training...????....Please help.

A ltd has 60% Shares in B Ltd which inturn has 20% shares in C Ltd. Also, A Ltd hold 14% shares in C Ltd.
As per AS 18, A ltd has substantial control over the financial or/ and operating working B Ltd and B Ltd has significane influence on the financial or/ and operating working of C Ltd.
Also, its clear that A Ltd holds significant share in C ltd, directly as well as indirectly.
My question is how much do we consider A Ltd's hold? 14% + 12% (20% Of B Lts's shares)= 26%, signifying a significant influence over the business or 14% + 60% = 76%, signifying control over the business.

sir,

we are having factory and office within the same city. however in service tax registration we have mentioned the factory address and availing service tax as input credit. whether we take creditfor service tax for bills addressed to office address even though the same is not registred in service tax registration.

DEAR SIR
PLEASE LET ME KNOW SERVICE TAX ON LABOUR CONTRACTOR i.e CLOTH STITCHING OR EMBROIDERY WORK ANY SERVICE TAX IS THERE. IF YES THANE WHAT IS LIMIT

THANKS & REGARDS

RAJESH NAGDA

Applicability of TDS on professional fees payable having Indian PAN who is in India since 14-02-2013 staying in rental apartment in Mumbai since then.

He will be providing his services in India as an cinematagrapher. He is from JAPAN

Kindly inform me, under which section should i deducted tax from fees paid to him.

Good evening sir,
we have to file an appeal under sales tax but i m confuse for drafting the grounds of appeal , actually the issue is we have received the Fresh C Forms After completion of assessment and we want to get the benefit of these forms and these forms were taxed at the time of assessment. So please sir help me that how can i draft ground for appeal.

Thanks

sir i want to know the date on which fixed asset (i.e. building) is to be recognised as fixed asset in the book ? whether on the date on which it is ready to use or the date when it is put to use ? plz clarify the same in light of accounting standards and guidance note if any issued ?

My brother had gone abroad in March 2012. His income (from salary & interest) were fully taxable in India for the year ended 31st March 2012 being resident at that time. Now he enjoys the status of being NRI and earning salary abroad which is taxable there. How should he file his return for the AY 2013-14.

He has some deposits in the form of FDR which had been made when he was a resident. There is interest income on the same for AY 2013-14 and also TDS on it but the interest income is less than the prescribed taxable limits i.e. less than Rs 2 Lacs. Should we file showing his residence status as "Non Resident" and show his interest income only which is earned in India and claim the refund of tax deducted thereon. Also he is having a house loan on a house situated in India where parents are residing. Would he be able to claim the deduction of interest paid on housing loan during AY 2013-14. Please suggest.