krunal

My Employee have a housing loan towards which i pay an interest of Rs.3.50 Lacs Per Annum. Can I claim full deduction of Rs.3.50 Lacs from the taxable income?


madhukar
18 March 2009 at 18:26

icwai final membership

hi
i cleared my icwa final(new scheme) recently.
wat shd i do next
let me know the details of membership fees , training if any and other relevant matters
thnx
regards
madhukar


swati
18 March 2009 at 18:22

income under the head salaries

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation


swati
18 March 2009 at 18:21

income under the head salaries

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation


swati
18 March 2009 at 18:17

income tax

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation


swati
18 March 2009 at 18:15

income tax

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation


krunal
18 March 2009 at 18:06

Commercial Loan Interest Rebate

Loan for purchase of commercial premises to what extand can we take rebate on total interest? A total interest per annum is 5 Lacs approx.

Krunal Vyas


Rajpreet Singh
18 March 2009 at 18:06

Refund of Excisy duty paid

Dear Sir,
we are the suppliers of auto parts to a party located in special economic zone who is claiming exemption from excise duty, Sir if we can remove our supplies to the party without payment of excise duty if yes under what provisions of the excise laws. We removed certain supplies after payment of excise duty for which our customer has not taken cenvat credit of that amount. Out of that supply certain materials are returned back to us on the cover of a debit note. Now the situation is that we cannot take cenvat credit of the returned goods because it is not under the cover of an invoice and our customers is not willing to return the goods under the cover of an invoice coz it is exempted unit. Sir my second question is can we claim refund of excise duty on these returned goods because we have not transferred the incindence of tax to the customers as he has not taken cenvat credit. Party will not pay us even for the excise duty on the returned goods although this we had pocketed out to the revenue. Please advice


Asmi Udassi
18 March 2009 at 17:54

cap gains

Value of hp1- 1500000
sold for - 5000000
bought a new house2 for 1 cr
housing loan 90 lacs
cap gains invested -30 lacs..
will the assessee be entitled for sec 54???


pranita pansare
18 March 2009 at 17:48

tds on courier charges

Please explain me is there tds on courier charges paid monthly (contract basis)

if it is applicable then how much pecent?

for 01.02.09- 28.02.09 we paid 10912/- courier charges

for 01.03.09 - 28.02.09 we are expecting the same