Income Tax queries [13910]

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sudhir

28 June 2014 at 12:01

Home loan interest and acquisition of flat

Sir,
kindly clarify following doubt:-

- should the flat acquired (approx Rs 35 lakh) in 2013-14 be shown in ITR-2? If yes, then in which part of ITR-2?

- which part of ITR-2 should we enter home loan interest amount paid in 2013-14, to claim deduction under sec 24 of IT. In one excel form of ITR-2 available on internet, filling interest information under "Schedule HP" of ITR-2, carries forward the dedn for the next Assmnt year instead of 2014-15?

Sukriti

28 June 2014 at 11:59

Charity

Is donation given by charitable hospital to charitable institution allowable expense?

Anonymous

28 June 2014 at 11:57

Tds on property

What if buyer purchase Property before 1 June 2013. and make payment after 1 june 2013, is buyer require TDS @ 1% ??

Anonymous

28 June 2014 at 11:45

Form no 58a

Dear Experts,
A salaried person donating a sum of Rs.6000/- to a firm, (Named-SOS Children's Villages india)& received Form No 58A certificate fomr them, & in that letter it mentioned that this amount of donation under 35AC of Income Tax Act.
Kindly suggest if he claim the exemption for the same, & if Yes then is it 100% amount or 50% or how much????

Thanks
Tarun Sharma

madhavi

28 June 2014 at 11:41

Articleship relating

if registration letter is not come then with form no. 109 which document i can aatech

balasaheb

28 June 2014 at 11:35

Transfer of articleship in second year in the same city

SIR I WANT TO TRANSFER MY ARTICLESHIP IN THE SAME CITY . I AM IN THE SECOND YEAR OF ARTICLESHIP.
I AM IN TROUBLE
PLEASE HELP ME.
THANK YOU...

Anonymous

28 June 2014 at 11:34

Tds how much deduct.

company has received following invoice from its contractor.

Material =2,00,000
VAT @5% = 20,000
Labour charges =50,000
ST @ 12.36% =6180
Total Amount =2,76,180

How much TDS would be deducted as per section 194 C.
Service provider is company.
if tds on material is not deducted then please refer section or subsection under section 194 C.

Anonymous

28 June 2014 at 11:12

Tds u/s 195

Dear Sir/Madam

X(Indian) Co., is Paying Rs.700 to Y(Foreign) Co.,My Queries are
i)X has to deduct any TDS or Not?
ii) what is the Limit for Deducting TDS U/S 195

Rohit

28 June 2014 at 11:10

Money received from relative by way of unsecured loan

whether there is any restriction under new companies act 2013 to accept money by way of loan (whether secured or unsecured) from relative under private company and also public company...

Thanks