I have booked a flat from a builder. The possession would be handed over in 2015. The flat / building is under construction. I have taken a loan from Bank and have been paying the EMI. I know that rebate on interest on the under construction property is not allowed till possession is received. Please advise whether any rebate would be available for the principal paid.

Regards and thanks in advance please.

Mr. X Purchased a house in 2011 for 1 Cr.
and takes loan of 50 Lakh.

In 2014 he changes the bank and takes the loan of 1 Cr. at 10% (and if mortgage loan is taken it is at 13%) and repay the loan of old bank. and with balance amount he purchases the commercial property to be given on rent.

New bank is giving certificate of home loan for full 1 Cr.

whether interest attributable to comm. property can be taken as deductible as interest on loan of property given on rent.

sir, i have filed a return for the A Y 2013-14 ITR- 4S for an income of Rs.202250/- belatedly on 24.01.2014 with an enabling option of Before Due Date and the tax was Rs.250/- which was paid by the party but after completion of filing of the return the tax liability has raised to Rs.4750/- payable and the return is successfully uploaded with tax amount of Rs. 250/- and it shows that tax payable is Rs. 4500/-. How is this possible and what are the ways to rectify it.

Is there any changes in isca for ca final may 2014 exams?
I written exam in November 2013 but failed.Can any one tell me whether nov 2o13 portion sufficient or is there any addition in portion.

Thanks in advance.

Hi,

Please provide declaration format for landlord who does not hold any PAN card. Employees are required to submit landlord's PAN card details for claiming HRA this year whoever makes rent more than 1 lakh p.a. and if landlord doesn't have PAN then they need to submit a declaration for same.

Thanks in advance.

1.My Cliant is a director of company on the basis of salary 1,00,000/-,the company issued dividend 13-14 974000/- & TDS Cutting 97400(U/S 94J),& monthly TDS cutting on salary U/S 92

my query 1] Can deduct TDS on Dividend

2] after section 94J TDS is right or wrong

3] There right please say how show in income tax return.

I m Student of IPCC Via Direct Scheme. As my registration of article is from 26th August 2013, and on 26th May 2014 full nine month of articleship are getting completed . Here as per the eligibility is fulfilled of completion of nine months of articleship. So am I Eligible to appear in exam of IPCC Which is held from 27th May 2014.if not in MAY 2014 than when i would be eligible for Examination. Please reply with your answer soon. Thanking You.

Hi Sir,

In which section is applicable for TDS for Junior Artist suppliers for Feature films or serials. Some times the suppliers supplied character artists some times crowd. Please confirm whether The TDS should be deducted under section 94 J or 94 C.

Thanks,
Bala

My 2 years of Articleship is going to complete next month. Can I take transfer from my present firm in the 3rd year of my training period?

Sir,
This is KKDani from ( Odisha ), I have lost my Log-in Password for Pan, Acknowledgment no of Return copy, Registered mail ID , Secret question & its answer, Pls guide me to get my log-in password (PAN) to file my IT return.