Can I claim deduction in respect of principal repayment of loan u/s 80C if I offer the property as self occupied property. Is there any rule that in such case I cannot transfer my property within 3 years. Please reply

Can one claim benefit of exemption u/s 54 & 54F both at the same time.

Last yr, i had capital gain from sale of shares (NON LISTED) and sale of resi property (both LTCG). Can i claim the benefit of both the sections by investing all my capital gain/net sale consideration in one (single) new resi property.

No other benefit U/s 80 C has been claimed

pl solve my confusion
whether DEDUCTION u/s 24(b) can b claimed if an employee is being given HRA and he has rented a flat
but his own property is self occupied or v can say not let out used by himself occationally
the property which is self occupied by him or his family is situated in another town and he has let out in another town

pl reply soon

Sec. 54 F permits investment in new Resi Property within a period of 2 yrs/construction of new house within 3 yrs. If the same is not done by the due dt of filing the return, then the Capital Gain amt has to be deposited to seperate C. G. Scheme A/c.

Can we withdraw this amt for some other temperory investment before utilizing it for the ultimate purpose of acquisition of new House property.

At which rate TDS has been Deducted on:

1 Car Hiring Charges

2 Computer Leasing Charges

Why?

Hi Friends,

Pls mail me the detailed procedure of on-line filing of ITR.

Thanks.

HOW CAN I MADE REGISTRATION OF TRUST WHAT IS IT'S PROCEDURE & WHAT DOCUMENTS ARE REQUIRED FOR IT & FROM WHERE I WOULD GET IT ???????????????????????????????

With the amendment to Section 194 I definition on Rent w.e.f.13.07.2006, the Rent includes Hiring of Plant & Machinery also.
In my opinion, hiring of vehicles i.e., taxi or hiring of a car on a continuous basis does not come under Section 194 I because, the Rent definition does not include 'Vehicles'
I also think Plant & Machinery U/s 194 I does not include Vehicles.
1.Am I correct in this understanding?
Now, with this please clarify me also,
2.Whether TDS on hiring of tractors ( with RTO Regn. ) for removal of waste etc.comes under 194 C or section 194 I?

If the assessee receives the Notice u/s 143(2) on or after 1st April-07 for the F.Y.04-05 (A.Y.05-06) (Return filed during the F.Y.06-07)

1. Whether the 06-07 scrutiny norms is applicable to all cases which are filed during the F.Y.06-07
or

06-07 scrutiny norms is applicable only to the cases selected / taken for scrutiny during the F.Y.06-07 (Notice issued date to be considered– Not the return filing date)

In this case what is the remedy for the assessee?

Can the assessee challenge the case during the course of hearing?.
or
Can the assessee challenge the case by means of writ? If yes, what is the procedure?

Dear Sir/madam,

Comapny IT Return 31-03-2007
ITR-6 - Schedule-HP Details of Income from House Property.

pls. clarify our query
Only one property - But tenants are many. How the property tax or Municipal tax (in the column(c)tax padi to local authority) can be shown in the relative space and how the names of various tenents are filled.