Whether interest paid on loan taken from an individual for purchasing a house can be calimed a deduction.

Confirm whether PCFC Loan taken in foreign currency will be revalued at TT Selling rate or Average rate

Hello Experts

As per Circular : No. 715, dated 8-8-1995 It is sure that TDS is to be made on gross total bill including service tax or reimbusement if any..(Except for 194I for which specific notification is there)

Whether any circulare or notification is issued by govt. which overrides above circular and have opposite effect for tds provisions which are said by above circular.

Rohit

what is deffered tax

HUF Business (MFG of Garments) can be started by raising the capital on their own basis by KARTA or by contribution by the members. Or taking the gift is mandatory for starting HUF business

please suggest me about the treatment in subsequent year of income other than coupus fund set apart by the trust @ 15%.
Is there any Rule about the use of this income in subsequent year My email id is dsoni81@yahoo.com (urgent)

Whether TDS need to be deducted on Paymnet made by a company to Department of Post, India for Speed post etc? If yes, under which section.

Please advice

Thanks & regards
Yogesh Modi

Hi Friends,
My Friend is also CA wants to apply for COP, but he holding IEC Code from last 6 months(Import Export Code) for export of goods outside the country (Completed Article 3years back). From the date taking the IEC code till now he has not transacted any business or has now intention to do any business of export.
Whether he can apply for COP by Intimating the fact of holding the IEC code or he has to surrender the IEC No. Please clarify

Sir

My husband owns a house at Tiruchi. We stay in Coimbatore. My parents in law were staying in our house at Tiruchi. but now we plant to Lease it out for a period of 11 months. Previously since the propoerty was self occupied, it did not attract tax. But now will this leasing out increase my husband's income tax liablity. If yes, is there any way we can avoid this.

Please give us your valuable suggestion.

Thanking YOu

Sreevidhya

Plz. answer the following in brief:-

1)What is Demerger?
2)What is Amalgamation?
3)What are the difference in these two?
4)What is Speculative Business?