hi all,

I want to know about short term capital loss from share. Can i set-off the loss from short term capital loss of share against business proffession or Salary income ?

any one help me for solve this matter ?


Thanks all

regards,
Hitesh Thacker
+91 9898138625
Gandhidham - Kutch

TDS ON INTEREST ON LOAN.TERMS OF AGREEMENT ARE INTEREST TO BE ACCRUED ON HALF YEARLY PAYABLE BY THE END OF 18 MONTHS .DATE OF AGREEMENT IS 12TH DEC 2007.WHAT IS THE POSITION ON 31ST MARCH 2008.HOW THE TDS SHOULD BE DEDUCTED,WHEN IS THE DATE OF DEPOSIT FOR THE RESPECTIVE DEDUCTION

I am a member of housing society.I have taken loan for payment of construction cost to society.Subsequently,I obtained loan from employer & repaid the bank loan.I have paid Interest of Rs.50000 during the period 01-04-2005 to 31-3-2007.Further I have paid Rs.25000 as interest for the period 01-04-2007 to 31-03-2008.Allotment letter was issued by society in Sep-07.However possession was yet not been given.
Can I Claim deduction U/s.24 in the F.Y-2007-08 for interest paid & 1/5th of interest for earlier years.

Whether TDS should be deducted on the compensation amount paid to the land owner for not making the payment to him in time?

if yes under which section?

I have 2 MAFA practical questions. Please send me the answers through reply.

Question1: A company has a book value per share of R.150. Its return on equity is 15% and it follows a policy of retaining 60% of its earnings. If the opportunity cost of capital is 18%, what is the price of the share today, according to Walter's approach?


Question2:The price of the pound sterling was quoted at $1.80 in New York and on the same date the DM spot rate was quoted at $0.40.
(i)What would you expect the price of the pound to be in Germany?
(ii)If the pound was quoted in Frankfurt at DM 4.40/pound, what would you do to profit from the situation?

My English is very poor. Please tell me about good institute in Laxmi nagar Delhi for improve my English or any other way to learn English.

As our tenent has refused to pay the service tax on the rent amount of
Rs. 210000 per month. Can we now consider the total rent amount reveived now of Rs. 210000 per month as RENT including service tax i.e. (186900+23100 service tax)???
Can we now deposit service tacx of 12.36% on an amount of 186900 or Rs. 23100 instead of 12.36% of Rs.210000 which works out to be Rs. 25956 ?
Thanks

There is one housing co-op.society having residential flats and it having only maintenance income and F.D. interst income.

If it's income exceeds the taxable income or not, whether it is compulsory for co-op. soc. to get it's account audited???

plz give refrence to particular section.


thanx

I have taken loan against house alloted to me.I have received allotment letter but still i have not received possession of that plot.My question is weather interest on loan taken for payment of house instalment is available for deduction or not under section 24.

Dear All,

Pls send what is the calculation method of depreciation (For Comapany).
Pls give also example. Best if send in Excel format.
Awaiting your valuable guidence.