nilesh
24 July 2010 at 16:39

How is loan sanction amount computed

Dear all,
How is home loan amount to be sanctioned computed in case of 'no account case assesses'(small business)? ie only the profit and few figures are available.. so what procedure is followed?
for eg.- if assessee has profit 100000, 150000, 200000 in 3 consecutive years.. so how much home loan can he get sanctioned approximately if the repayment period 20 years



Anonymous
24 July 2010 at 12:54

job related query

i m ca pcc student completed 2 yrs articleship frm small city.bt i hv good experience of vat tds income tax.nw i got an opportuinity of job in public ltd company as account executive.so i m planing to join job by terminating articleship for an year bcz that i wil gt good opportunity n working experience.plz suggest whether to go for job or continue articleship in small firm.urgent



Anonymous
24 July 2010 at 11:48

Interest accrued on House property

Kindly clarify the following:-

(1) I've purchased one flat in the name of my Wife by taking loan from BANK. my wife is not employed. Can I calim Interest paid on borrowed capital in my I.T. return since I am working in a PSU.

(2) my wife is having I.T PAN. if she claims the interest only and there is no other income. can she get refund from the departmtn?

(3) If the property purchased in co-ownership, then who can claim the interest rebate?

kindly do the needful.

regards,



Surendra Parikh
23 July 2010 at 19:42

Reverification Querry

Dear Friends,

One of my friends has just appeared for his CA Final Exams in May'10 and wishes to apply for reverification in 5 papers (3 in Group I & 2 in Group II).

My query is the amount of fees he would have to pay i.e Rs.400 or Rs.500.

Kindly advise.


Regards



Anonymous
23 July 2010 at 17:36

CMA related ratios

expert,
For CMA related to CC/WC/Term loan which are the relevant ratios and what are their standards....ex. current ratios shld be around 1.33 to get loan.

thanks


Ekta Nainani
23 July 2010 at 16:58

PCC RESULTS

Should I start study or still wait for results....!!!!!!!



Anonymous
23 July 2010 at 16:06

Penalty clause

Hi,

Can a chartered accountant accept assignment of outsourcing which had a penalty cluase?



Anonymous
23 July 2010 at 14:53

TDS ADJUSTMENT

TDS has been deducted from the payment made to a PSU u/s 194A. actually the amount paid not liabile for TDS. the deductor requested the deductee to adjust the TDS from their regular TDS remittance under the branch of section 194 or any other section since, the deductor has issued the form_16A.

whether the deductee can adjust the TDS from their regualr remittance or not?

it is requested to advise in this regard and kindly send the case law if any for similar case.

regards,

A K Sarma


Rabnoor Singh Khanna
23 July 2010 at 14:44

Registration of Real Estate Agent

We are an real estate agent in haryana. Some body told that we have to get register in haryana. I just want to know whether it is mandatory



Anonymous
23 July 2010 at 14:07

articleship

i wna knw can Ca on jobs in public ltd company can provide articleship to students??urgent






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