Hello,
I have taken a housing loan last year and the construction is also completed during last year itself. Now the question is what is the treatment given to the interest for last year? Prior period interest or current year interest?

Note. EMI started immediately after loan sanction.

Sir,
my query is about the applicability of Alternate Minimum Tax on Individuals & HUF.
is it applicable on above if yes then kindly give me the complete clarification on Such above matter and also give the Circular OR Notification no. link for Verification.

Thanks

for a private limited company

when it will be applicable in ITR-6 as (yes/no)

1-44AA
2-44AB

Plz advice, whether it depends on turn o0ver or Net profit

regards

Sir,
How to make a huf, what are the legal formalities to be done for creating huf.
And I would also like to ask what are the Benefit of creating huf from the point of veiw of income tax and how can we save tax by creating huf.

IF A PARTNERSHIP TRANSFER ALL ITS INVESTMENT OF LISTED SECURITIES LIKE RELIANCE , TATA , ETC. TO ALL PARTNER PERSONAL ACCOUNTs than will it be liable to capital gain or not ???

There was a deduction of Rs.40000 towards TDS from my family pension account for the FY2010-11.
This was deducted incorrectly by the bank.
Since then I have approached the bank and the Ombudsman and now I plan to file a late IT return to claim for the refund of TDS deducted by the bank.
My queries:
1) Do I need to file returns for FY2010-11 before 31.03.2013? Can it be filed after this date?
2) Would there be any penalty on the delayed filing of returns? (I have heard that this is at the discretion of the assessing officer)
3) In case of a belated return , how much time does it generally take for the refund to happen?
4) Is the procedure to file late returns same as that for normal return filing?

Thanks a lot.

Dear Sir
whether any tds applicability arises on hotel bills if it exceeds 75000 per annum/30000 per hotel bill

please explain the rationale
Dheeraj KUmar

I was just going through the My Accounts section in the e-filing portal and I was shocked to see that an ERI was registered as recently as 04/02/2013 in my account. I can see a provision to add CA but I do not see any provision to add an ERI. I can only see a provision to disengage one.

What worries me is has the department themselves designated an ERI for me. If not, can I remove the same. What are the repercussions of removing an ERI and does it affect my tax filing for already filed returns. My AY 2012-13 is not yet processed and still in the ITR-V receipt stage. I do not want to do anything that may affect that as I filed these returns and sent the ITR-V myself and not through any intermediary.

whether tds on contract or professional fees applies to pvt company , if private company ask someone to calculate salary & make cheques for the employees who are on payroll of company?

One of our client has incorporated pvt ltd in 20.02.2013.
What is the due date filing of IT Return?

Should Annual report be audited by an Auditor before filing Return of income ?

Is it possible file the return of income Without adopting the audited accounts in First AGM ( Because They have 18 Months time to hold the First AGM)?

Thanks in Advance