My Client has taken a loan of Rs.45,00,000/- lakhs for purchase of flat, last 2 years back. And has ancestral property, he resides at his father's house. He has given the flat for let out for the full year. He is paying interest on borrowed capital Rs.4,00,000/- lakhs and principal amount of Rs.3,00,000/- lakhs.

Can my client is eligible for 'interest on borrowed capital' for Rs.4,00,000/- u/s.24(b) and 'principal amount' of Rs.3,00,000/- (Subject to Rs.1,50,000/) u/s.80C.
Please clarify any one

plz help me knowing on which amount esic is deducted

Respected Sir/ Madam,
One of my client, Insurance agent have not file ITR for the AY 09-10,10-11,11-12,12-13 and want to claim return against TDS deducted for the said year.So kindly give me a application format u/s 119(2)(B).
Anticipating a favorable response.

Gud morng to all... sir one of my client hv two form 16. he had worked for 6months in one company and left there and join to another company . both the company hv deducted tax according to income of my client i.e according to 10%slab rate bcoz his income falls under 10%slab rate in both company. but while preparing IT RETURN his total income from both company falls under 20% slab rate. Is it any remedy to calculate and pay tax 10% seprately . Or hv to combine both income and pay tax at 20%slab rate. plz help me in this regard.

Dear experts, i want to know, i have a commercial property on which i am getting rent, if i am taking a loan by mortgaging my commercial property , then can i claim interest paid on such loan as deduction while computing income from house property. Thanks in advance

We are paying rent under sub lease agreement to our sister company should we need to deduct TDS on this or not. Please clarify

if articleship is extension period can do at a diffrent CA OR WITH CA WHERE CURRENTLY DOING

If my income is 100000 then how will it be computed in 44ADA? 50% of income?? 50000 will be charged to tax? or my net profit taking into consideration 50000 will be charged??

some of the quarter we have no TDS Deduction & Payment, so that we are liable to file nil Return

Dear sir, I have applied for studying CA & paid fees for that. For that, I have rcvd student registration letter. Now, is there is any last date (how many days from the date of letter) to join the class??? If so, within how many days we should join the class? Else, if there is an option for time lag, then how many days we can lag??? Else there is an option for, whenever we can join the class??? Plz...earliest reply would be greatly helpful for me. Thanx in adv.