Dear Sir
My father has taken housing loan for construction of house. The housing property is the name of my father and the construction has been finished.
I am paying all the EMI of the Housing loan from my account.
Can i claim income tax exemption on the housing loan EMI paid from my account.
Rahul Khapne
I have completed 18 months of articleship and now i want transfer due to some reason
My query is wether it is compulsory to submit transfer proof of parent, if i select reason of parent's transfer ??
If we are working for an organization registered under 12AA.
Is it required to notify in our contract doc that we wouldn't be responsible for Service tax to avail the exemption or is it understood.
sir, i see the case where hotel receive notice from sales tax deptt. regarding less sale over purchase because sir it provide combined package of room and restaurant at a single amount and as per sec.66F (3)(1) it will be treated as accomod. service and liable for s.tax after availing 40%abatement.then plz give suggestion in this case what hotel should do whether sales tax deptt. accept this plea for lower sale (reduction in vat amount) its urgent sir plz thank you
One of my client is in business of manufacturing of machines.
Some of the machine parts he is giving to the job worker for some repairing / labour work /job work.
I wanted to know whether this activity of job work attracts any service tax or not?
NB:
1. ownership of part does not gets changed i.e. job worker only performs labour job
2. Final machine is excisable
I want to know the implication of service tax
Hello, we are into the business of Ginning & pressing of cotton, at the time of purchasing of cotton we pay freight to transporter which is usualy approx 25000-26000 on each purchase ; now whether we are required to pay service tax on such services and also whether we have to see first about the limit of 10 lakhs of transporter or not ?? Kindly clearify and give reference.
I have cleared my IPCC and my final attempt is in may 2016. i have joined articleship in aug 2013. I would like to pursue ICWA now along with articleship. can sumone please tel me the procedure. should i first take permission from ICAI before registering?
Can a registered partnership firm become members in company, if no then what is the reason behind these
hi, i have opted those examination centre for ipce exams not allotted to me by icai but icai allotted me other examination centre instead of opted exams centre. Please provide me information about procedure of change in examination centre
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Tax exemption on housing loan