For claiming 80C deduction, is it necessary for someone to show his/ her investment after his date of joining in the establishment?

Eg., if someone joins in January' 14 and shows LIC policy amounting to Rs.1 lac which was invested on 14.10.2013, can it be taken for the purpose of 80C deduction?

a property is sold in FY 2013-2014. and the long term capital gain has been invested in capital gain account scheme on june 2014. than while filling the return in july 2014 do i need to show that capital gain amount in the return or i can show it under section 54 and claim exemptn?

I purchased a residential property (on my wife's name )three months b4 the sale of commercial property(on my name) , by taking loan from a private company in my wife's account coz property was being registered on her name so all loan amount was transferred directly in her account. When the sale consideration money came from my commercial property (on my name) dat same amount was given to my wife's account to repay loan wid interest which I had taken on my wife's account. Making the purchase and sale value equal, there was no xcess value. Now my doubt is since I have taken loan on my wife's name nd purchased property 3 mnths b4 d sale of commercial property can i still take the exemption from paying the capital gain tax?? Cause my lawyer is saying wife is separate assesee nd dat loan is from her source of income so tax exemption can't be availed...is it so??

Thank you

DEAR ALL
PLZ. REPLY

THERE IS A PVT. LTD. COMPANY NAMED ABC PVT. LTD. ONE OF ITS DIRECTOR IS MR. D.
MR. D IS ALSO DIRECTOR IN DEF PVT. LTD.
DEF PVT. LTD. TAKES LOAN FROM XYZ. LTD.
WHETHER ABC PVT. LTD. CAN PROVIDE CORPORATE GUARANTEE TO XYZ. LTD. IN RESPECT OF LOAN TAKEN BY THE DEF PVT LTD. FROM XYZ.LTD. IT IS TO BE NOTED THAT PROVIDING LOAN OR GUARANTEE IS NOT ORDINARY BUSINESS OF ABC PVT. LTD.

Respected sirs/madams,
Can a registered partnership firm can deduct TDS on interest paid to a customer on his loans to the firm? There is no TAN no for the firm. But both firm and customer having PAN numbers. If deducted TDS, how can it deposit in government account and how can file TDS returns? Is the PAN number is sufficient for deducting TDS?
Regards,
BALU.

income u/s44ad 200000 u/s 44ae 180000 b/f depreciation (2013-14) 150000 is there.. in this case he has claimed unabsorbed depreciation for rs100000.. is there any provision for claiming unabsorbed depreciation in it act??

I want to submit 15 G for FD interest in the bank so that bank do not deduct TDS as the income is less than the taxable slab rate. But the person for whom I want to submit 15 G is 59 yrs of age & in the month of April he will turn 60 i.e. Senior citizen. So now my question is whether I should wait for him to turn to 60 & submit 15 H or I submit 15 G as of now so that bank stop deducting TDS from FD interest. Please suggest appropriate answers.

hi. this is Raghu . i have dout in excise duty how will i intake amount from (collected duty )sales and how adjusted with purchase( paid excise duty) kindly give me the answer

I AM HAVING PRESUMPTIVE BUSINESS INCOME & CAPITAL GAINS ON SHARES , wHICH ITR SHOULD I FILE .

IN PREVIOUS YEAR 2012-13 , I HAVE FILED ITR 4S AS IN THAT YEAR I HAD NO SHARES INCOME.

BUT THIS YEAR 2013-14 , I HAVE SHARES INCOME AND INCOME FROM SHARES

ALSO I HAVE CAPITAL GAINS OF RS. 400 ONLY SHOULD I PAY TAX ON THE ABOVE INCOME BUT MY CONFUSION IS WHICH ITR SHOULD I FILE.

Dear Sir/Madam,

I have sold my flat & registery done on 1st Feb 2014. The total value of property was 25lacs. They gave me 5lacs & on basis of that registry done. But due to delay in home loan process of purchaser, i have not received balance 20lacs which bank was suppose to provide us.



You are requested to confirm following :

1- Since i have not received the full amount, is it necessary to put full long term gain amount in capitol gain account before 31st march 2014 or 31st July 2014.

2- Can i keep long term capitol gain amount in normal saving account till not invested in other property.

Regards.

RKG