i want to know whether interest paid on loan taken for purchase of house or land can be capitalized in the value of same or not?
whether same can be deductible as cost of acquisition or not?
recently chennai tribunal allows such capitalization of interest of home loan for the holding period and deduction of same from the cost of acquisition.
plz. guide me about this.
I want to file a return of A.Y.2010-11.
Can I file the return at this time..?
Plz help me for this query....
Please guide me about the tax rate applicable to individual who has income less than income liable to tax and earns suppose Rs. 50000 from lucky draw what will be the amount of tax payable on this income and if he has total annual income Rs. 200000 in F.Y. 2011-12 then what will be the tax amount
Indian Company (ABC (I) PVT. LTD.) , which is subsidiary of Foreign Company provides technical (engineering service) services on behalf of Foreign Company to other Indian Companies in India.
ABC PVT. LTD. charges Service invoice to Foreign Co and receives amt in foreign currency.
For ABC. (I) PVT. LTD.
Is it treated as export of service?
Is it liable to charge service tax?
hello
i am salaried person geting salary of Rs. 300000 pa( having no other income). TDS is deducted from my salary from 2010. i want to know, can i claim TDS of f/y 2010-2011 & 2011-2012 by filling ITR?
Sir,
Pls. tell me about the taxability of commercial property vacant for whole year and reasonable effort are made to let out the property by assessee.
1. Whether commercial property tax as Deemed to be let out property u/s. 23(4)?
Is tds charged on service tax in case of
1.We taken credit of service tax and
2.Without credit of service tax ?
Courier Agent is Paying Service Tax to Courier & Cargo Company on submission of bill the Courier & Cargo Company
Now he wants to pay S.Tax On Courier Receipts, he is eligible for take set off of the above service tax which was already paid to Courier & Cargo Company
Pl.help me in this regard
Can NRI to be a shareholder of private limited.. if yes then what are the procedures...
can NRI Deposit accepted in private limited..(Procedures)
can loan can be accepted from NRI..(Procedures)
Possible way of remmitance in all above cases...
Minimum and maximum amount in all the above cases...
Thanking you in advance...
Please do give Possible Advice...
I Will be receiving professional fees of Rs. 25,000/- each for 3 months totaling to Rs. 75,000/- during the FY 2012-13. I don't have any other income for this FY. Since my Total income will less then the basic exemption limit, I don't want the TDS to get deducted on my gross fees . Is there a possibility to get the gross without the TDS being deducted???
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capitalisation of interest