Sir,
I want to know whether i can claim both HRA and Interest in housing loan in the following case:

I am working in Delhi and paying rent on the house residing in Delhi. I have purchased one house in Mumbai and my parents are staying over there.I pay interest on the loan borrowed to purcahse house at mumbai and i dont receive any rent from the property in Mumbai as my parents are staying over there.

Can i claim both HRA on the house at delhi and interest on loan borrowed on the house in Mumbai.

R/s

i Wanna Change My CA But my Some frds said it is mandatory that i have to finish 6 months after that i change my CA But I have not completed my 6 month in my firm
so please guide me is they are right ? is there any condetion like that or not
Please Guide

thanking you


with regards
Naresh Kansal

if i go to join the articleship and firm ask to me either u want to join audit field or taxation field,
then what should i join, which is beneficial in my career
with regards
pankaj arora

Hi,Plz tell me abt the BEST coaching institutes for PCC subjects.And which are the best Books apart from ICAI material for preparation

respected members,
I have given my PE2 exams in November-2007. I have cleared my B.com exams in April-2007 & joined L.L.B course fron 31st july 2007. My articleship has not begin yet. Please guide me whether I am required to inform CA institute about L.L.B course or not. If yes please tell me the appropriate form no.

Yours truly,
Samkit Shah

Hi,

Can u please let me know the complete procedure to start a new HUF and get a PAN for the same.

Regards
Chandan

i wanted to know if ICAI gives any award or recognitation to a student who is in the merit list i.e rank holder(27th rank) in PE 2 exams

Sir,
A assessee has purchased goods from parties. The AO asked to produce the parties for verification. The parties not appearing before AO. The AO on the basis of some information claims that these parties are bogus parties and have only supplied bills and not actually deliered goods to the Assessee. This information is based on the basis of statment obtained in a search cases wherein the that person has stated that he has taken bills only and not goods and supplied list of these parties. In this list few name of parties are same from whom the assesee has also purchased goods. But there is no denial of our parties that they have not supplied goods to our assessee. The confirmation statement, PAN and TIN of our parties submitted.
Is any High Court decision in this regared, that the assessee is not under compulsion to produce the parties and what ever could be posssible at the assessee hand has been done, now it is for the Department to prove with positive evidence that these parties are bogus and have not supplied goods to our assessee. What action should be taken by the assessee in this matter.

R K Dhandia

Please suggest answer to this query. My query is that how can a dealer dealing in goods claim set off for purchase of 'Motorcar' with reference to Rule 54 of MVAT ACT? Can anyone claim set off in respect of purchase of motorcar in rule 54 & how?

We are manufacturer of Pharmaceuticals Product. We are doing Stock transfer to Consignment Agent. We are paying commission on sale and service tax through credit note to Consignment Agent and then Consignment agent paid service tax through GAR-7 (TR6). In this case we avail the service tax credit. If this practise is not correct. please brief us for correct practise.