Dear Friends,
A and B are husband wife. A is working in a Pvt co while B is a housewife.
They purchased a society flat in Noida in Joint name and A took a home loan of 15 lacs from ICICI bank both are joint applicant. They have taken possession of the flat in 2017 and since then it has been let out. The rent is transferred by the tenant in their joint account.

A files his ITR showing salary income plus rent received from Noida Flat and B also files her ITR for her interest income but not taxable.
The home loan will finish in Aug 2025. But A wants to close the loan in 2023-24. As the interest on home loan is now not much.

A sought an advice for the following query:

Suppose in 2023 A close this home loan.
Post prepayment of home loan can A show the house rent income in her wife B's ITR or 50-50% in the ITR or both A and B to minimize the tax burden.( As a result of this the rent income and deduction for home loan interest will nullified to some extent). or even now prior to closure of home loan.

Thanks & regards
PC Joshi

I plan to renew my cognos analytics software; can any ducted tds kindly advise

Pvt ltd company in india entered into A service agreement for use of brand name -Ie Marriot , to -us based Foriegn company . While transfer the amount from india to us company , Invoice given by us company with out tax.

Us based Foriegn company having pan no in india, But there is No business in india.

While Remit the Amount what is the tax applicability by the indian company .ie pay Gst, Tds, Tcs , and Rate of tax.



please send response as soon as possible.

Where should we show Exempted Outward Supplies to a Registered Person in GSTR-1? Under Table 4A, 4B, 4C, 6B, 5C - B2B Invoices or under Table 8- Nil Rated, exempted and non GST outward supplies?

1. Can you do articleship while you are employed? I mean is it possible to do a part time articleship?
2. After finishing CS Prof Exam, in case you don't move ahead with articleship immediately can you do it at a later date or is there any time limit in within which the articleship needs to be completed?

RAJASTHAN GOVERNMENT EMPLOYEE DEDUCATION RGHS DEDUCATION INCOME TAX REBATE BENIFIT

I applied for GST registration but tax officer has asked for copy of electrical bill which I don't have now what can I do I have already given rent agreement and trade license now I don't have any other proof of shop address Is.

In the financial year, Sales made to SEZ applicable party not declared in the every month filing of GST.

Is it possible to show it in while filing GSTR9 for the respective FY?

Thanks in advance.

IF OFFLINE SUBMISSION OF FORM 27C IS AVAILABLE OR IT IS COMPULSORY TO FILE 27C ONLINE?

If vendor bill of October month we received in November months , so is it interest applicable on TDS payment made.