Please Clarify

First Attempt

It will be second attempt because attempts counts when u get the eligibility to appear the exams..... So try to take in may 2011 only all the best ..........

it is ur second attempt

it will be ur second attempt

IT WILL BE YOUR SECOND ATTEMPT..........BUT IF YOU SAY YOUR CA THAT HE SHOUL SHOW SOME MORE LEAVES IN  THE BOOKS  &  COMPLETE YOUR ARTICLESHIP  IN APRIL LAST WEEK OR MAY FIRST WEEK OF 2011......THEN  NOV 2011 WILL BE COUNTED AS FIRST ATTEMPT.....

BY THE WAY WHY YOU ARE NOT INERESTING  IN GIVING MAY 2011.....MY ATTEMPT IS ALSO 2011 CA FINAL & I WILL  WRITE BOTH GROUPS IN MAY 2011..& MAINE ABHI TAK TAYARI BHI START NAHI KI HAI....

I think attempts are not counted till u give the exams na!!! I AM CONFUSED..HOW CAN U TAKE 2ND ATTEMPT BEFORE APPEARING EVEN ONCE?????????????

Dear

Big companies always ask for First Attempt in first Sitting

means First Attempt when its originally due

so it wont be first if u leave

Regards

I have a query pertaining to Interest on Housing Loan eligible for deduction u/s 24. If an assessee does not claim deduction of pre-construction period interest (in 5 equal instalments) owing to the reason that interest paid on EMI exceeds the max. limit of Rs.150,000 in the first 3 Financial years starting from the Financial Year in which he gets possession of the property. Now if he wants to claim the interest in the 4th & 5th year. What will be the eligible amount?

Eg: Preconstruction period interest-Rs.100,000

       Eligible amount - Rs.50000 (for 4th & 5th year each-100000 / 2) OR Rs.40000 (for 4th & 5th year each-       (100000 / 5 *2)

it is your second attempt

second attempt dude

It will be your first attempt.

It could be interpreted differently., but not attempting, and attempting and failing are entirely different ., that too only for your first chance due.

Dear Mr. Krishnan

As per sSec 24 B the max int  u can claim is 1,50,000 in a year if property is using by owner means not given on Rent

and in yiur question u r saying EMI (Equal Monthly installment) is rs above then 150000/- year Dear pls calculate int part sepreatly because Int is allowed u/s 24 B and Principal is deductible u/s 80 C.

and if Int is also exceed 150,000 and u have claimed it

now in last year if its below 150000 then the int of pre construction ---- u can claim 20,000 in 4th and 5th year because of in first three years u were able to take benefit but not eligible due to of maximum limit. so now u can not enjoy of prior benefits

Thanks and Regards

Nitin Grover