Hi sir/mam,
my friend is just the co-applicant of the housing loan. Father alone owns house.
Father is the retired person who is not even filing the return.
Now my friend being co-applicant repaid loan and interest.
Can my friend get deduction u/s 80c for repayment and u/s 24 for interest on housing loan.
Please guide as soon as possible. Need to file the return. Details pertain to FY 2012-13.
i got total 220 marks in ipcc 1st group
.....................................
accounts -71
fm cost -65
law- 30
tax - 54
is rechecking will help me or i have to prerpare for my next attempt
I have one querry regarding WHT.
If indian subsidiary has to bear WHT while making the payment to foreign parent company is it necessary to ask parent company for inflated invoices ? or only grossing up doen in indian subsidiary books is sufficient ?
Also will WHT attract on reimbursment of expense invoices?
How Foreign parent company will file its return in India?
It has to show income with grossing up value ? or Net value?
Hello Experts,
iam appearing for nov 2013 i started reading ISCA and completed 40% of the syllabus and remaining topics like SDLC,Testing,Controls ,standards iam not able understand them and iam thinking of enrolling for CCI onlime class.
I request to please guide me whether to enroll or not?
dear experts,
i am trying to register my sir as chartered account in it portal, but it shows dob is wrong. actually i gave my sir dob as pan card. next my sir told to me his dob is differ in pan card and ca details. so know what can i do experts. its 44AB time. so please let me know sir.
I have 54% in M-com,Can i get exemption from CPT..............Can i take admission for IPCC............Please help me to clear my doubt...........
thanks,,,,,,,,
If a company not providing services and only dealing in sale purchase of goods, paying freight, is liable to pay service tax and if yes, can it claim cenvat credit of service tax paid through refund route?
Hi,
I am trying to submit my income tax returns through online (ITR1).
I am working individual in a company. I have fixed deposits in my name well. My company has already deducted tax on my income for the last year. Also the bank has deducted 10% TDS on the interest earned for my fixed deposits.
Now, I have inputted the total income earned from my salary in the "Income from salary" head. Also I have inputted the total income earned from fixed deposits in the "Income from other sources". Now if I try to calculate tax it exceeds the amount deducted by both company and bank.
Is the amount inputted in the above heads is right?. If so, do I have to pay the remaining tax to IT dept?
If the above input is wrong then under which head have to report the income earned from the fixed deposits?
Sir, I prepared both IPCC groups and passed only first group in may 2013. Now I am thinking weather to prepare for second group by doing article ship or only to do preapration for second group. If I delay the articleship now.. will the CA final attempt also gets delay????
All Subjects Combo (Regular Batch) Jan & May 26
Interest and repayment of housing loan