Hello Sir,

i want to know that if i taken a home loan with my wife in joint name, and paying the installment from our joint a/c ( with my wife) but the property is registered only my name.
so what amt of deduction i can claim for principal amt. and interest amt.
can my wife also claim the dection of the above besides me.
kindly reply urgently in detail.
naveen bansalca@gmail.com

My company have a WOS in Singapore Now we want transfer the surplus of fund to India in way of Dividend.

My query is dividend received from singapore Co. (WOS ) is taxable or Not .

1).what is the maximum no of directors in (p) & Public LTD Companies?
2.)my friend is an insurance agent and he is having PAN no and filing his return of income in insurance agent status and he is doing CA and he is qualified for CA but as per CA institute Rules CA should not do any other job other than CA as full time practice my question is
a) can he surrendre the PAN of insurance agent ?
b) can he apply for new PAN as a CHARTERED ACCOUNTANT ?
3).My grand father bought US-64 6.6% tax free bond in 1990 at present i afford to sell such entire bond weather there will be capital gain or not? since it is given Tax free bond.

one person has purchased shares in form of physical cerficates.He sees that those companies are now being traded n wents for dematralisation of cerficates.

he sales the shares now in jan 2008, what will be tax implication?

Even tell me what date we should consider either cerficates date or dematralisation date in case of calculating LTCG or STCG?

Regards,
Vikram Ranka

My Question is as below

a private limited company was incorporated in feb 2007. so what will be the due dates for filling annual returns.

Please clear me what is the dep.rate for a car used for personal use as per income tax and companies act.
Thank you,

Parminder Singh

1).what is the maximum no of directors in (p) & Public LTD Companies?
2.)my friend is an insurance agent and he is having PAN no and filing his return of income in insurance agent status and he is doing CA and he is qualified for CA but as per CA institute Rules CA should not do any other job other than CA as full time practice my question is
a) can he surrendre the PAN of insurance agent ?
b) can he apply for new PAN as a CHARTERED ACCOUNTANT ?
3).My grand father bought US-64 6.6% tax free bond in 1990 at present i afford to sell such entire bond weather there will be capital gain or not? since it is given Tax free bond.

In case of companies which makes provisions for expenses for MIS reasons at the end of every month as a few bills might not been received and further reverse the same in the following month on the receipt of the bills from the concerned parties and pass a fresh entry to give effect for the same(TDS is made on reversal of first entry and passing of the actual entry) Whether the entry is right?? I feel it is wrong. I need an expert advice for whatever is the answer.

Pl let me know whther TDS has to be deducted when making Royalty payment. If yes at what rate it as to be deducted.

Can some give me a proper link on net for stufying the Tax Havens, say some database where I can study it on case study basis or so.