Mr.X lets out his house property from 01-04-08 to 30-09-08. From 01-10-08 to 31-03-09, he uses the house property for carrying out his business. Under which head the house property will be assessed?

a. under the head 'House Property', or
b.Under the head profits and gains, or
c.under both heads proportionately based on period of use?

Pls. explain me the relevant provisions also

Thank You

Q1) What is the difference between CPA & CICA??

Q2) Is it that we have to compulsorily give exams of these courses in centers outside India or do we get a choice to appear in exams through centers in India..??

AO passed an order u/s. 144 by making addition, can we go for CIT (Appeal) ? who can make an appeal and who can be appointed to attend appeal before CIT. but AO passed order in DEC'08. we have not made appeal yet. what is the consequences ? how much appeal fees to pay ? can we appoint cunsultant to attend appeal or CA ? AO has issued notice for penalty proceeding too. pl guide

Hi

How does one find sponser in UK / Dubai

regards,

what is reverse mortgage?

as per new sec. 36(1)(15)
deduction for STT paid is allowed
Is it allowed only for asseesses carrying on bussiness of dealing in shares or for all?

when revisionary order is passed u/s 263,which record is relevant:
records at the time of revision by commissioner
or
records at the time of passing order

also,tell me whether the same equation holds true for rectification order under sec.154 & sec.254

Dear Sirs,

We are planning to get registered as dealer under Karnataka VAT Act.We will open a depot in Bangalore.We will purchase goods from outside Karnataka ,stock it in the depot at Bangalore and sells the same to outside the state .There will be no local purchase or sale.Our products are Diesel Generating Sets and Earthmoving Equipments.
Kindly clarify :
1) Whether Entry Tax is payable by us.
2) What forms are required for entry into and exit from the state towards inter-state purchase and inter-state sale of our goods.

Thanks

tapas kumar

Sir,

Case:
The property registered in the name of Firm M/s ABC.

The firm sold out its depreciable assets
on Say 10th May 2009.

Would it eligible for any kind of Tax exemtion u/s 54 etc.

And whether total gain will mbe taxable as STCG

pl clarify

Hi, can u plz tell me mutual funds which don't have any exit load (even for investement less than 6 months). I want to invest in mutual fund for 3 to 4 months and do not want to pay exit load. Do i have any option to invest in?