Sir,
my brother has been taken a house property loan on the house of our father. The house is in the name of our father. So father become co owner for the loan. As bank told us that you cannot apply alone. This loan is in the nature of renovation & repairs intt. limit is Rs.35000. Bank create a loan account and we with draw money from that account. So at the time of filing Return If my father will not take 50% of interest part in his Return can my brother will take the 100% of interest in his return to reduce tax liability. As my brother has been paying all the EMIs. As property is not in the name of my brother even not jointly with our father is there any chance of disallowing interest inbrother's Return
Please advice.
deb4865@gmail.com
ca.deb2006@icai.org
Regards,
CA.Deb.

I cleared CPT in May 2007 and i regesterd for PCC in the month of june I wanted to know if i clear my PCC exams in the first attempt, will i be elegible to write my final exams in november 2010. My duration of articled training gets over in december 2010 so tell me whether i can appear in nov exams or i should wait till May 2011.

Please help me on the Service Tax Utilization in respect of Services received from Goods Transport Agency. Any case law available in this regards?

An indian co demerges into 2 entities by transfer of assets at book value. Section 47 exempts such transactions from capital gains.

One of the demerged entities transfers all such assets to an overseas SPV.

Will this transfer be tax exempt, though SPV continues to be wholly owned or 75%+ owned subsidiary of the demerged company.

Pl comment with references to the case laws.

hi my dear friends & adviser
i am a student of pcc.for examination nov.2008. i had cleared my cpt in feb2007 & from march20 i started my articleship.now before a month a letter from institute came to me regarding re-registration because of non-vacancy.actually in my firm there were some articled who finished their training already but not terminated in the eye's of institute. then i submitted their form of completion of articleship so that in place of those i may continue my articleship. but i have not got any reply even after 15-20 days.
pleas suggest me i am really anxious & because of which i am not concentrating my study.
urgent reply me on:-impankaj19892caclubindia.com

hi my dear friends & adviser
i am a student of pcc.for examination nov.2008. i had cleared my cpt in feb2007 & from march20 i started my articleship.now before a month a letter from institute came to me regarding re-registration because of non-vacancy.actually in my firm there were some articled who finished their training already but not terminated in the eye's of institute. then i submitted their form of completion of articleship so that in place of those i may continue my articleship. but i have not got any reply even after 15-20 days.
pleas suggest me i am really anxious & because of which i am not concentrating my study.
urgent reply me on:-impankaj19892caclubindia.com

I PASEED CPT IN NOV 06 NOW IAM UNDER ARTICLESHIP & ALSO STUDENT OF B.COM REGULAR CAN I DO ICWAI WITHOUT PRIOR PERMISSION OF ICAI

Hai,
whether i can get cenvat credit on Servcie tax on Clearing & forwrding charges in export, & other export related activities ?

If it is yes, pls give me notification no.date of central excise

A construction company is outsourcing the job of marketing and sales promotion to another firm. In this case the construction company has to pay Service Tax. What is the service tax applicability, if the Construction Company and Firm make a joint venture for marketing and sale promotion?

An assessee hold terrace rights of a residential house property in Delhi and during the F.Y. 2006-2007, he sold such terrace rights. Out of the sale proceeds, he purchased three flats in a residential complex at Mumbai. One flat on 6th floor, second at 7th floor and third at 9th floor. He converted flats at 6th & 7th floors in a duplex flat and have a combined registry for both flats. He have a separate registry for third flat. All these flats are self-occupied for his residential purpose. My query is that whether he can claim exemption u/s. 54F claiming all these flats as a single residential unit?