Whether a deduction available under section 80C for payments made towards a loan from employees' Co-op Society

Dear Experts,

I have my own funds and funds of mother,My mother is receiving pension. I like to buy an apartment by using funds of mine and my mother. I do not like to go for house loan. Whose name I should register to avail HRA benefit? If I register on my mother name, I understand I can get HRA benefit and My mother would show that in her returns. what would be the legal implications of ownership of the apartment in future. I have three sisters. I am married person. Could you please suggest what is best solution for this?

Regards
Sudheer

facts of the case: resident has acquired a property for a consideration of 31,00,000 from a partnership firm comprising 8 partners, out of which one partner is a non resident. seven partners have execueted general power of attorney in favour of managing partner(resident) to execuete the sale deed. now is section 195 applcable or not? if is yes on gross amount or on share amount non resident. and what are the consequences if tds not deducted u/s 195?

To,

Respected sir

I have forgotten the password of login Id of e-filing and which mail id is given at the time of new registration...

Now what is the alternate way to do online login

Please help me in this maater

Thanks & Regards

please anybody tell me urgently, is tds applicable for notary charges paid to advocate? we have paid rs. 25000 notary charges. is tds applicable and what is the rate

Hi friends
I have cleared My CA and I have my membership Number.But Now I want to apply for COP.
I want to know the procedure for obtaining COP.I Know that I have to filled up Form 6 for that, but I want to know whether with this form should I also have to submit Form 117 which is for Approval of Trade Name??

And what is Form 18 which is related to registration of Firm Name?? Do I required to fill that form too???

Hello,

Can anyone explain me that in formula of Material Usage Variance i.e. (SQ-AQ)*SP why we multiply with standard price??

What is the logic behind that?? please explain in detail.



Thanks in advance

Individual sold his land for Rs.15 lacs and purchased 2 Flat's. 1st of Rs. 8,25,000 on his name & 2nd of Rs. 18,00,000 in the name of his son. Please advise on the allowability of exemption u/s 54 of income tax act. How he can get Exemption for capital gain on both Flat's?

Dear Sir,

Is the AD code related to particular company (IEC holder) or its related to bank where they do banking

For the AY 2011-12 the threshold limit for declaring income under 44AD is Rs.60Lakh. Incase the assessee has had a total turnover of Rs. 40Lakh and his 2 minor children have had a total turnover of Rs.20Lakh each, from the business which he runs on thier behalf. Then, can he still declare the income under 44AD even if it exceeds the limit.

If no,then, should the income from minor child be shown under income from other sources with only the income part?

How is clubbing of income to be done in such a case?