Hi,

Me and my husband has purchased house property in Indore.We have taken housing loan in joint ownership. While we are staying in Delhi house purchased is given on rent. Just need to confirm below points

1 Whether limit of Rs.150000 of interest is applicable to us?
2) If there is no limit we both can take interest exemption in our returns on the basis of amount actually paid.
3) Whether rental income on the house has to be shown by both of us in proportion of the ownership.
4) whether we can take HRA benefit as we are staying in rental house n delhi.

sir
if i have done my articleship from delhi, can i do gmcs at lucknow regional council branch

Can anyone please send me cwa notes for inter group 1 - Direct tax and financial accounting... Pl help ...
my email id : remya_somasundaram@yahoo.com

A client of mine has filed return of income for A.Y.2011-12 claiming a refund of Rs. 894070/- and showing TDS of Rs.894070/- as well.
however, as per 26AS tds deducted was only Rs. 810070/-.

The difference is because of :
1. TDS deducted in A.Y. 2009-10 claimed now 34000/-(was not available in 26AS of 2009-10)
2. TDS deducted in A.Y. 2010-11 claimed now 51000/-(available in 26AS of 2010-11)

Now i want to know how to make reconciliation and how to claim refund from department??

Dear Sir,
please provide me material on works contract, definition , service tax payable on works contract under reverse charge mechanism.
Chandrashekhar S Kulkarni

We have family business as various different companies.(4 members) Some Proprietory and Partnership. We want to form a common PvT. Ltd. company and get all these companies under one structure.

Please Advice which is the best way to do it.

Dear Sir's & Friends,

I was trying to file return of my friend for the F.Y. 09-10 on the IT Portal, while uploading i got a message that the date of filing this return is over. What should i do know please suggest.

Best Regards,
Yajuvendra Rawat

y depreciation is charged at different rate in income tax act and in companies act.

what is the procedure to get the service tax no for the partnership firm.

i do not have practical knowledge . kindly guide with the step wise after filling and uploading the form ST 1 .

MY CLIENT FIRM has Partnership deed with duly signed on the stamp paper but it is not the registered document. The firm is operating since last years.

my husband is in australia. he wants to buy a house in australia by taking a housing loan. can any one please guide me regarding income tax benefit in australia. how can i get a deduction of interest and repayment of housing loan?