property in joint name and husband paying the loan installment during the construction period . before completion the house loan tfr in name of wife and wife pay full amount of loan and intt.

can wife claim the prior period intt deduction u/s 24(b) (during construction period loan and intt paid by husband).

Professional Tax for Gujarat..

1. Due dates chart for payment of
Professional Tax.
2. Interest Rate & Penalty applicable for
late payment of professional tax.

I am a new article and on a first audit. Plz give me tips so that i am able to do good audit.
I shall be very thankful of you.

Dear All

I am a practicing chartered accountant at present. I have been approached by promoters of a public limited company to join them as a director on their board as "Professional Director" or "Whole Time Director" or as "CFO" of their company.

I have a doubt if I can continue my practice by holding COP and also continue on board of this company as director or not? If I can do so, in which capacity - Professional Director / Whole Time Director / CFO / Other Capacity? What are the rules & regulations of ICAI in this regard? Specific approval of council required in this case or not?

Please advise. Prompt reply will be highly appreciated.

Expenditure on energy saving machines is revenue exp or capital exp.
Approx cost of one machine is 1.25 crores.
Est life: 3 years

My CA Final exam is due in Nov.2014.
I want to take online coaching class for ISCA
I want to know that who is best teacher in ISAC who read in english hindi combo

Minor gifted Rs. 500000 by a grand parent. The parent deposits the same in FD in the name of minor. In addition, the mother of the minor deposits Rs.1000 per month towards Recurring deposit in the same account. Is the income from above investment of Rs. 500000 taxable in the hands of parent?

Hi All
It's a partnership firm, trading unit.TDS deducted uls 94A, 94I, 94C amt is 54000/- paid but the return is not filed till date, i want to file it in october 2014, what is the penalty or interest.
april to june 2014 Due date of filing Return is 15th July filing on 10/10/2014
late by no. of days 97*200= 19400/-how to pay, which challan to use ???? should i pay on 10/10/2014 or before????
thnx

Hello to Everyone,
I need your valuable advice.
I am thinking of taking the coaching classes from Rajesh Makkar Sir for Strategic Financial Management. Can anybody please tell me that, Is he a good teacher if we talk about conceptual wise and for practical exposure as well.
Please share your experience as soon as possible!!

Thanks in advance!

has date for itr filing extended to 30.11.2014?