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Vineet Miglani
10 July 2014 at 15:49

Interest payment u/s 24

Can a salaried person claim the interest paid on loan against let out property, where in the money was utilized as a margin money for purchase of other property? If yes, is their any outer limit?



Anonymous

I Do Not Understand of Interest And Amount of Principal of Housing Loan (80c & Section 24).I Mention Detail of My Income And Deduction For The Financial Year of 2014/15 So Please Calculate of My Income Tax Paid.

Example.: total Income 700000
LIC 120000
PPF 30000
Housing Loan Interest 100000
Housing Loan Principal 100000


murari mishra
10 July 2014 at 15:43

Section 54

#Whether the nexus between capital gain and amount of investment u/s 54 is necessary?
#Whether Residential Property bought out of borrowed fund such as home loan, within stipulated time and get benefit of section 54 and capital gain amount use for others


Dicson

An assessee running a hospital. Service tax liability arise for the period fy.2010-11.

They purchased some medical equipment during the period.

Can they adjust that EXCISE DUTY against the service tax liability.

Plz post the solution with relavant provisions / notifications.

1. Service tax can be setoff with excise duty?
2. What are the conditions to be satisfied for theat?


ranveer
10 July 2014 at 15:38

Printing papers

respected sir/ma'am/friends
if a conpany provides printing service to its customers by outsourcing the same, then what are the tax implications on the company?
is the company liable to pay service tax on it or excise duty? please give a detailed reply.
thank you :)



Anonymous
10 July 2014 at 15:36

Articles

Sir,i have passed my cpt exam, and i have completed my degree(BBM 69 %), but i have not passed ipcc. Can i do articles and what is the procedure, what is the cost . Sir i am expecting answer from u is different from direct entry scheme.

Thank you sir,


RAJESH KUMAR
10 July 2014 at 15:34

Tds

Dear Sir,

Please provide me suggestion regarding TDS

We have take factory on Rent which is monthly rent is 23000/-+12.36% service Tax 2843 total amount for Rs. 25843/- So, Please tell me Which amount I Have Deducted TDS on Rs. 23000/- or 25843/- which is include service tax amount.

Thanks

Rajesh Kumar


Bajrang Gupta
10 July 2014 at 15:30

Exemption related to tax free bonds

Whether interest received on application money for purchasing of Tax free bonds are also tax free or not. Please suggest me ......


Krishanu Majumder
10 July 2014 at 15:29

Capital gain

Dear sir, I have some queries about capital gain from sale of house. Those are following-
1) assessee purchased a flat with his own money but a portion of selling consideration was received in his bank and the rest was in his wife's bank, who is a housewife and was not involved at the time of purchase.

2) they booked a new flat and the payment was made from his and his wife's bank. How to show this gain? Should his wife need an it file?

3) father purchased a house that a son inherited and sold? Should it be capital gain? If Yes? What's the cost price? Is it the price his father purchased with?

4) sale deed is signed on march14 but sale consideration is received on april14. For which year it will be capital gain? Pls reply soon.


Ajay Kumar
10 July 2014 at 15:17

Law

Can multiple HUF do a single business together? Are there no requirement of make partnership firm?