Pls clarify the following things regarding GTA Service:

i) Whether reverse charge mechanism is applicable on very first rupee paid for services OR Negative list exemption can be taken as RS. 1500 for each bill or Rs. 750 for each consignment for Service Receiver??

I have one self-occupied property and I have booked one more house. The new house is under construction and not registered yet. The loan on self-occupied house is fully paid. The house under construction there is housing loan and Interest expense. The possession/registration of the new property will be in Feb 2014.

The query is, considering the new house as “deemed to be let out” from feb-2014, can the loss (full interest paid against loan in 2013-14) against housing property be claimed in FY 2013-2014? As the house would not be rented in FY 2013-2014, can the rent income be considered as NIL?

hi
good evening
By profession I am consulting dentist.
Now i want to file ITR.
So can i file ITR 4 as profession without books of a/c.
Is there any compulsion on Doctors to maintain books of a/c.

Dear experts,
I am from Chandigarh,I was a student of PE2 2002, but due to some reason i cud not continue my CA, but now i want to continue it again, i need your all moral support & motivation,
As per new format, i am eligible for direct entry becoz i had scored 60% in B.com & due to conversion from PE2 to IPCC i am exempt from orientation program, now i want to start my article-ship with new manner along with my study,
i am eligible for ipcc may 2014 attempt, Thing is that plz guide:

a)Where should i start my article-ship who is best firm in Chandigarh & could give me time to study
b)Should i go for both group's examination Or single group one by one during article-ship,
c)can i go for 2nd group first, will it be my right choice & after that for ist group,
d)How should i manage my study & how to prepare my best,
e)Suggest me best coaching faculties in Chandigarh,reference books & any kind of material which could help me to make a mark in ist attempt.

Regards
Deepak Soni

Sir,
I gave my 1st attempt of ipcc. Then I didn't pay the exam fee and didnt appear in the 2nd attempt.. Will that be consider as an attempt? How many times one can give the attempt with the initial registeration fee?

In a construction of building, EDC ( extra development charges) are levied as a statutory levy on construction. So, whether service tax is payable on EDC charges paid to builder for construction??

My friend is an artist and he received a grant from US. The grant is given as aid to develop his art studio and his works.Whether it will be part of taxable income and under which head it has to be included. Please clarify

sir,
i have housing loan in SBI for 4 lackhs and i am getting tax exemption on interest past 5 years , now this financial year 12-13 i have transferred to hdfc housing loan and further i have taken 19 lackhs in the same property for construction form hdfc.i have completed house construction the same year, i got pre-emi and interest statement from hdfc , and interest statement from SBI.

for claiming tax exemption what document i have to submit and whole pre emi tax benfit i will get this year.
please guide me

I have submitted all the details of my salary savings and HRA receipt paid @4500/month,while i got HRA Rs.25404 during the year 2012-13.I claimed HRA exemption of Rs.25404.But my emploer did not consider my HRA exemption.What are the rules about this to get such exemption? what documents should I submit?Can I get income tax refund claiming HRA exemption?Last year my department considered the exemption.please tell me what I can do?

HI

IF WE HAD TRANSFERED FIXED ASSETS FROM ONE BRANCH TO ANOTHER BRANCH IN FINANCIAL YEAR 2012-13 (SUPPOSE IN THE MONTH OF FEBRUARY 2013) THEN HOW TO PUT DEPRECIATION ON THAT ASSETS IN BOTH BRANCHES ?