Sir/Madam
What are the deductions allowed in the case of income from renting your residential property. Is maintenance and repair fund paid for the house be used for deduction from the income of renting your house. Any other deductions.

Maximum deduction available to a salaried person if he has annual income of 480000. And has a home loan. I want like which all deductions from income he can claim to avoid tax. Thank you.

One our Client Having Coal beatification Washery And They pay Service tax on Beatification Charges Can they taken Cenvat of Excise Duty 100% in the year of Purchase of Consumable Spares of 50% Amount of Cenvat will be deferred.

Please help on the following

Private limited company has excess bank balance in current account. Can a company park its excess fund in liquid funds/sweep in fixed deposit account (where it can earn 7% interest as against NIL interest in current account) or the object clause of company must mention that the company will earn interest income on fixed deposit/liquid fund

Can deduction of 80c be aviled in belated return for A.Y.2016-17

Sir, my client has purchased 500 NHAI bonds 2 years back for claiming exemption under Section 54 EC and he is still holding the same. Can he purchase more bonds this year to claim exemption under Section 54 EC against some other Asset. Can more than 500 bonds can be held at a time?

Please reply

I have given 4th attempt of c.a final exams and even this time I'm not sure of clearing..and now when i am searching for job frm last 1 month there is no better opportunity in company for a semi qualified without experience, So i want to know regarding course and placement given by IMARTICUS LEARNING institute..would that be appropriate for me?

Dear All,

Greetings.. Kindly clarify my doubt about 194C on Transport. XYZ ltd acting as a transporter and they don't have vehicles. They doing commission business on transport . My doubt is if they submit declaration at the time of submission of invoice TDS is applicable or not? any exemptions is there?

Kindly advise me.

M.RamKumar
99498 40959

Sir,

We are a manufacturer of pharma medicines and running our unit in special incentive zone in HImachal pradesh and availing central excise exemption under NT 49-50/2003. Now a company wants to work on loan license and want to use our factory premises for manufacturing of goods. What are the formalities by the central excise department for registration for a loan license.

hello expert if I have received gold on my own marriage from my father mother etc. what will be value of such gold? either current market value or cost to previous owner?