If loan & house property is in the name of assesse but some installment of house loan is repaid by his spouse then also assesse can claim deduction u/sec 80C?
If Assesse's spouse is not the owner of the property but has invested some amount in the property then what will happen?

hello,

pl guide me the accounting entry for the following transaction.

one automobile dealer given the service for repairing and installing diesel pumps in vehical. and raise the bill as per item and labor charges. if the one of the part is in warranty , they replace that part , that part was sent to company, and company gave them cr.note. how the dealer shows that transaction. is it show that warranty sales as per mrp / pur. price. or only inventory entry shows by

can a private limited company issue shares to its shareholders differently-in cash to one shareholder and for other than cash consideration to other shareholder? can other than cash consideration be the shares of another company that are being held by the shareholder to whom shares are being issued?
plz reply

What is the value of stamp paper to be used for affidavit that is to be attached with form DIN 1? Has any value of stamp paper been specifically provided for this by the mca site?


thanking you

how the provisional entries for EMI of loan payable is made at the end of financial year?
Is the entries made for unpaid amount till 31st March or for following month too...i.e, April?

Registered co. imports watches by paying CVD @12.5% and after re-tagging for prices sells to its dealer. Now while applied for excise registration, dept. claims excise on the all the goods since starting of the business, is it tenable? Whether the CVD paid can be refunded in this case? And how to dead in this case............................Thanks!
Please suggest in this case!

i have paid interest to reliance capital limited. whether tds is to be deducted on interest paid by me. whether there is any circular regarding non deduction of tds.
so please let me know. its urgent. help me.

AT WHICH YEAR OF AGE (MAXIMUM) C. O. P SHOULD BE SUBMITTED IF IT IS 55 YEARS?

Dear all,
One of my friend wants to file his return for F.Y. 2010-11 who is having total income of rs. 4,37,000/- (including rs. 4,10,000 as commission and only rs. 27,000/- as salary). rs. 41000/- had been deducted as TDS on commission on 410000/- @10%. Now if he filed his return than threshold limit of 160000/-first has been adjusted from total income of rs. 437000/- and after that he wants to claim deduction u/s 80 c, ccc which is comes to rs. rs. 31584/-, hence refund of more than rs. 15000/- arises to him. now my question is that is there any problem in filling his return now when the last date for itr v fy 2010-11 extended upto feb 2013 and whether he has faced any difficulty in rec. his refund?
Plz Reply, its urgent !
Thanks in advance

WHAT IS THE DUE DATE OF PAYMENT OF INCOME TAX ?