A person want to take loan for the renovation of his house but the house is registered in the name of his father.

So if the above person take power of attorney for the said house rather than purchase it or taking gift from his father, then whether he can claimed deduction of interest under income from house property.?

I asked the above question on the ground that the person with power of attorney has full right to sell, rent, construct, alter etc. i.e. the rights equal to the rights to the owner.

Sir,
We have changed the name our company four years back, with acceptance by ROC but missed to notify change in TAN,We have been filing nil returns so far, now it needed to deduct TDS and deposit.Request to pl guide how to notify it now and procedure thereof.

regards,

ashok thakker

WE HAVE APPLYING FOR GETTING PAN OF CO- OPERATIVE SOCIETY,there is no status column provided in Form 49A form,please reply at earliest WHICH STATUS I CAN BE MARKED IN FORM 49A AND WHICH STATUS WE CAN FILING I.T.Return,

whether Property given to a person on long term lease basis would be considered transfer for the purpose of Capital Gain Tax?

MS.XYZ, a liason office has deducted TDS during the Month of March 2013 and paid to the government with in due date.
However the payment was made for A.Y.2014-15 instead of A.Y.2013-14.
On notice of the above error they again paid the same amount of deductions along with Interest for A.Y.2013-14

Can the amount wrongly paid for A.Y.2014-15 be utilised for the month of April-2014 ( A.Y.14-15).
TDS return for Q4-2013 is not filed yet.

If it can adjusted plese give references to the provisions of the Act.

HI FRIENDS,
I FILED THE NIL TDS RETURN. NOW I WANT TO REVISED SUCH RETURN. HOW I CAN DO SO??????????
& CONS. FILE IS NOT AVAILABLE ON TDS CPC.

Hello Sir,
The Assessee is a retired school teacher who receives pension monthly.Morever, the Assessee also is a Post Office Agent who receives commission on which TDs is deducted U/S 194H of IT Act. Which form is applicable..??? ITR 2 OR ITR 4..??? PLease help me out Sir....

Dear sir,
I have a question about capital gain.Suppose Mr.A get some agricultural land from his father mr.B . mr.B also got those lands from his father.I mean these lands are all family asset.Now Mr.B is no more.Mr.A sell those land,now how to calculate capital gain from this type of selling,where no purchase value is avaiable.These lands are far away from urban area(mean more than 8 k.m).

Sir,
Mine is a proprietorship concern,we have found some discrepancies in TDS returns in 1st and 3rd qtr of fy 2012-13.Some interest is due to be paid,we have decided to pay it now till May'2013 from the date of payment of TDS and file revised returns.Agency whom we have entrusted the job of filing TDS returns say it can not be done now till a default is created by Department, why can't we do it voluntarily ? pl advise exact procedure....for correcting this mistake.

Regards,

ashok thakker

Dear All,

I need ti understand one thing, we have two organization one is a Private Limited and another one is HUF proprietorship.

In Private Limited firm, my father and my younger brother are the directors. In the HUF proprietorship my father is the Karta and proprietor.

We do a lot of borrowings between the two firm from private Limited to HUF proprietorship and vice versa through banck transfers. Are we doing any violation, do we need to follow interest receivable and payable transactions?

Please clarify my doubt...