procedure of formation of Hindu Undivided family it's benefits as per income tax laws

any specific date of result? pls provide web link

thanks

Sir
I am a senior citizen. I have house property with 2 floors 2nd floor is let out to bank at a monthly rent of Rs.38000. I took a loan from bank for Rs.30,00,000 @ 15% interest p.a. Bank officials asking TDS Form 16. But according to Income from house property I am not a tax payer
Gross Annual Value 38000*12 456000
Muncipal taxes 30000
Neat Annual Value 426000
- Standard Decution30% 127800
Interest on borrowed Cap450000 577800
LOSS FROM HOUSE PROPERTY - 121800
SO I HAVE NOT INCOME. IS IT NECESSITY TO GIVE 16A. THEY ARE DEDUCTING TAX BUT I AM NOT A TAXABLE ASSESSE.
GIVE SUGGESTION TO ME FOR NOT DEDUCTING TAX BY THE BANK. IS THERE ANY ALTERNATIVE PROCEDURE. PLEASE GIVE SUGGESTION. I AM EAGERLY AWAITING FOR YOUR RESPONSE

Dear sir and members,
I am recently qualified chartered accountant and have started my practice. I would like to ask question before you .
sir ,
I have a client who is Mutual Fund Agent currently, but now he wants to start his own business like wealth management company or wealth creator company by investing money in Mutual Fund market strictly.
But According to him, he wants to collect monies from people and wants to invest in various mutual funds in market by his wast experience in knowledge and after that he will give fixed amount of interest to them.
As due to his financial constraints , he cant go for NBFC, as it requires a capital of Rs. 200 Lacs .
so if there is any other way apart from NBFC, please suggest me.

sir i am seeking for your advice.
Thanks in advance.

Whether a provider of taxable service can avail and utilise CENVAT Credit on Inputs and Capital Goods used in providing the taxable service if he is not registered under The Central Excise Act. However, the Service Tax Provider is registered under The Service Tax Act.

Dear Sir,

We are in Motorsports field and often purchase racing/car equipments online, mostly from USA, because of limited availability of racing equipment in india, we are planning to purchase these items and then re selling it to indian teams. What all permissions do we need to have for this?

A retired employee gets pension and bank interest which doesnot exceed rs.10,000.but TDS is cut every time by the employer.can TDS be avoided instead of claiming refund every year. and is form 13 applicable for senior citizen pension?

dear sir
Refund cheque was return back due to wrong
postal address and its happen 3 days back
when contact to post office they said it
was back but order passed by cpc on 7 dec, 2012 to refund banker, what will I do now
for refund received and how many days the cheque keep in the post office? advice me thanks.... its important th.

2) THE UNDERLYING ACCOUNTING PRINCIPLES NECESSITATING AMORTIZATION OF
INTANGIBLE ASSETS IS /ARE

A) COST CONCEPT
B) REALIZATION CONCEPT
C) MATCHING CONCEPT
D) BOTH OF A AND C ABOVE

1) X LTD SET UP A NEW FACTORY IN THE BACKWARD AREA AND PURCHASED PLANT
FOR RS 500 LACKS FOR THE PURPOSE. PURCHASES WERE ENTITLED FOR CENVAT
CREDIT OF RS 1O LAKHS AND GOVT. ALSO AGREED TO EXTEND 25 % SUBSIDY FOR
BACKWARD AREA DEVELOPMENT. DETERMINE THE DEPRECIABLE VALUE OF OF THE
ASSET

A) RS 500 LAKHS
B) RS 392 LAKHS
C) RS 400 LAKHS
D) RS 390 LAKHS