Respected Sir

Can i claim Loan Against Property(LAP) Interest & Repayment of principal use in my income tax return for deduction?

thanks & Regards

Jagjit Singh

My friend is working as an agent between women (willing to be surrogate mother) & medical professionals who does the job related to surrogacy for needy couples. My friend receives fees from medical professionals (sometimes also from the couple who has opted for surrogacy). These fees received in F. Y. 2013-14 is above Rs. 25 lacs. I want to know whether Tax Audit limit of Rs. 1 Cr. is applicable to him or Rs. 25 lacs ? Also if Tax Audit becomes applicable to him, whether he should submit his Tax Audit Report (Form 3CB, 3CD) for A. Y. 2014-15 ?

hello,
i want to know which is the last date of Service tax Return for Q4 for the FY 2013-14?

can you please update me for the same?

I want to know tds on testing charges for special type of test would come under which section i.e Sec-94C or 94J.

Also, please explain reason for supporting your answer

While determining resindential status of individual why do use 182 days in basic condition as per sec6(1)and 2 years ,730 days in additional conditions as per sec6(6)...plz reply fast thanks in advance

DEAR SIR,

SHOULD WE CONSIDER LTA IN SALARY WHILE COMPUTING RENT FREE ACCOMODATION.

WAITING FOR YOUR POSITIVE REPLY.

VIMAL

Respected Sir I have sale my ancestral house of Rs. 1340000/-. I deposited Rs. 999000/-, 49900/- and 100000/- in my saving account. Income tax department issued notice in my name Sub:- Non filing of Income Tax Return. 2010-11, 2011-12, but my income is Rs. (NIL) 0/- then issued the notice of Sec- 142(1) for the AY. 2010-11, 2011-12 & 2012-13. I have not given reply against Notice u/s 142(1)to ITD. Then I have received notice U/s Sec. 148. Kindly I request to You please guid me satisfy the ITD. Thanks Hardev Singh

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jounal entry of income for taxation

sir,

we rented a portion to a company for 50,000
for month.and they deducted tds @2%,it is 10% right, if it is 10% it will create any problem for us in future,...

Thanks in advance...

We have filed form 23B of A company and Later our firm name has changed. Now in 23AC I have to Mention the Old firm name or new firm name.

for eg; for financial year 2012-13 our firm name is XYZ and filed form 23B in that name and audit completed and balance sheet also issued on that name and before filing of 23 AC our firm name is changed from XYZ to ABC now the firm name to be mentioned in 23AC is XYZ or ABC.