EASYOFFICE
EASYOFFICE
EASYOFFICE


SURESH

if anymy frind plaese provided me new rate of tds.


Puneet

Suppose I am currently staying in a rented house. Now, I opt for buying a house (mainly from the investment perspective)by availing a home loan, and put it on rent to a third party. Am i eligible to claim both, ie.:
a. The house rent that I am paying and
b. The interest that I am paying on the home loan which will be subsequently be adjusted against the rental income when I compute Income from house property.

Is there any other mode to claim both interest and house rent as deduction.

Please advise!


neetu jain
19 June 2008 at 15:48

80 E CLARIFICATION

The query is regarding Sec 80E
One of my friend is doing his MBA from IESE
Business School, Barcelona through distance learning .
He has got his loan financed from Sabadell Atlantico,
a foreign bank. During the year he has paid interest
on loan amounting to 2050.17 sterling pound which is
mentioned in the certificate given to him from bank.
According to section 80E interst on loan is deductible
which is paid from income chargeable to tax.My query
is the loan taken from foreign bank eligible for
deduction as per the provision of sec 80E. Also are distance learning course eligible.
Also ,please let me know about the rate of conversion
reg the interest amount.
Kindly clear my doubt


YASHODHAN
19 June 2008 at 15:13

REIMBURSEMENT OF MEDICAL EXPENDITURE

I AM GETTING REIMBRESEMENT OF MEDICAL EXPENDITURE AGAINST ACTUAL MEDICAL BILL OF RS.15,000/-. WHETHER IT IS PART OF SALARY U/S 17(1) OR 17(2)OR 17(3).
KINDLY EXPLAIN

REGARDS
YASHODHAN


anupam
19 June 2008 at 15:07

taxablity of stipend

if a person(not a CA article) is recieving a stipend from co. say RS.75000 pm whether it is taxable or exempt.
plz provide the section
and what about if CA article is recieving this


MAGESH.G
19 June 2008 at 14:29

Section 80C--80U

What is the Maximum Limit for deduction from Sec80c-80U


MAGESH.G
19 June 2008 at 14:28

Section 80C--80U

What is the Maximum Limit for deduction from Sec80c-80U


MAGESH.G
19 June 2008 at 14:24

Carry Forward

I Wanted know whether C/f comes after Clubbing or C/f comes before Clubbing of Income.


CA Chintan Vyas
19 June 2008 at 13:59

Section 2(22)(e)

There is Pvt. Ltd. Company. Its director withdraw some amt. for his personal purpose and ledger of that director on Co's books of a/c is under loans & Advances then whether it is taken to be as deemed dividend. If yes then whether company is liable for deduct TDS under section 194 on that amt.


CA.Satinder Pal Singh
19 June 2008 at 13:55

CMA data PROBLEM

I have to prepare the CMA data of a petrol pump. Now the land for the petrol pump was purchased by the owner a few years ago for 6 lacs only now the market value of the land is Rs. 2 crore appl. now while calculating project cost whether bank will assume historical cost or present cost of land. owner can contribute only the land as capital. other capital cost on project is appx. 1 crore. how the financing will be done by bank plz suggest. how should i prepare the CMA.