vykunta vasu
14 October 2008 at 19:06

About housing lone

My friend would like to buy a apartment, he applying for housing loan.
Example now interest rate is 11.5%. In future interest rate will grow, that interest rate will applicable for my loan and it’s come down it also applicable for my loan.
* At present it is right thing to buy an apartment,

would you please answer to my question

Thank & regards
VASU


MANOJ
14 October 2008 at 18:46

PAN NO IN CASE OF TRANSPORTERS

HELLO FRIENDS,
tHE INDUSTRY IN WHICH I'M WORKING IS SUCH THAT WE HAVE TO FREQUENTLY MAKE PAYMENTS TO TRANSPORTERS HAVING BILTY/GR OF SOME TRANSPORT UNIONS.
1. THE MAJOR PROBLEM IS THAT THE DRIVERS DONOT PROVIDE THE PAN NO OF UNION/SELF.
THE REASON FOR THAT THE TRANSPORT UNIONS MIGHT BE FAKE/TEMPORARY. MOREOVER THEY SAYS THAT THEY DON'T NEED FORM 16 FOR TDS DEDUCTION.
SO WHAT IS THE SOLUTION TO THE PROBLEM.
2. THE DRIVERS DEMAND CASH PAYMENTS AS THEY DON'T HAVE BANK ACCOUNTS.
BUT, WE CAN'T MAKE CASH PAYMENT EXCEEDING 20,000 IN CASH.
SO WHAT IS THE SOLUTION TO THE PROBLEM




ATIT D SHAH
14 October 2008 at 18:44

valid transfer of share

if Mr. A transfers a house to Mr.B only by writting it on Stamp Paper and without registration, than can this transfer will be considered valid for income tax purpose ? Will Mr. B become the owner of the house ?


ATIT D SHAH
14 October 2008 at 18:36

interest of house loan

if house is taken on 31st july 2008 and loan on house(not mortgage loan) is taken on 31st october 2008, than whether interest on such loan is allowed as deduction under section 24(b) in Income from house property ?


ATIT D SHAH
14 October 2008 at 18:32

house property

whether interest on loan other than bank i.e. any other person, is allowed as deduction under section 24(b) ?


Ravi
14 October 2008 at 18:29

Income Tax Return

Dear Sir
Can we change the balance sheet & p&l figures while filing the ITR revised return?


seema
14 October 2008 at 18:19

form 112 pursuing cs & llb along with ca

pls help me

a friend of mine is having her cs final attempt in dec 2008 she is also pursuimg llb in first year now plus she cleared her peii in this july her llb is regular course and college timing is from 7:10am -12:15 pm she has not yet registered for articles what is the remedy when one needs to submit form 112 and is it compulsory to disclose that she is pursuing cs shouls she quit law screwed??????????????????????


seema
14 October 2008 at 17:57

internship

i have cleared my peii this july have not yet registered for aricles i got news that after completion of two years of articles i can appear for final exam is it true?
secondly what would be the last date to register for articles if i want to appear in nov. 2010


Kewal
14 October 2008 at 17:08

Taxation

Good Evening Sir,

I want to know that if a person receives Medical Allowance of Rs.15000/- pa is that a Taxable Allowance.
(I am little confused because Medical FACILITY is not a Taxable Perquisite, is there any connection between Medical Allowance and Medical FACILITY)


vsns sharma
14 October 2008 at 16:59

VAT & WCT ?

We got civil contract for Rs.623 Lakhs in MP.
My boss asked me the impact of VAT/WCT? How can We benefit from this?
I arraived material cost of 400 lakhs & Service Cost of 223Lakhs.
Here VAT tax applicable in case of Purchase. How WCT appIicable incase of Monthly Billing to Claint.Pl anybody help me how to go about it?






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