Gaurav Jindal
09 May 2013 at 20:04

Deduction of intt. on house loan

A person want to take loan for the renovation of his house but the house is registered in the name of his father.

So if the above person take power of attorney for the said house rather than purchase it or taking gift from his father, then whether he can claimed deduction of interest under income from house property.?

I asked the above question on the ground that the person with power of attorney has full right to sell, rent, construct, alter etc. i.e. the rights equal to the rights to the owner.


faraz094
09 May 2013 at 19:49

Cost accounting

I am ipcc student ,i feel problem in cost only ,pls suggest me any referance so that i can study like all other subjects because in cost i think every question is different and there are so many formula or methods so tell me how to study ,how much time should be given in this subject or else it might play an evil role in my ipcc study .


amit
09 May 2013 at 19:44

Capital gaiin

A married woman he unki mumy widow he unhone apna home sale kiya he jiski bedle unhe 10 lac rupees mile he ab A ke husband ak ghar purchases kerna chahte he kya vo apni mother inlow ke rupees ko use ker sakte he to kaise kya vo apni wife ke through gift me leker use ker sakte he


monuu
09 May 2013 at 19:42

How to change name in belated itr

hello! i have filed itr-4s belated for a/y 2012-13 but by mistake in name column(in excel utility tax paid & verification page) there is a mistake & dats why itr-V came with mistaken name and i knw belated return can't be revised..so wat should i do to rectify name ?? tell me experts pls procedure to rectify



Anonymous
09 May 2013 at 19:34

Sb file

Shall be file SB in dual scheme like DBK CUM ADAVANCE AUTHORISATION
now in this case drbk schem to be availed by merchant exporter and ADVANCE LICENCE benefit to be get through manufactures


CA Mukesh Jain S

A person is importing surgical instruments like rollers, hair scanner, skin analyser, lipo slim. Is entry tax leviable on this ?


liza
09 May 2013 at 19:26

Cs after mba hr?

I have done MBA-HR from a fairly reputed institute, but to have an additional degree i am thinking to register for CS exam. Plz suggest on same as it should not lessen the importance of MBA-HR in future, although i will be working as an HR professional and studying for the same simultaneously.As MBA in HR will not take me long if someday i aspire to be the CEO OR some other big position in any Company? Plz help me on this? I need guidance.
Liza



Anonymous
09 May 2013 at 19:25

Income tax

My client is a non residential India ( Marin Engineer ) and his monthly earning is more than 5000 US dollar and as per NRI his income is fully tax free.
His employer is not deducting tax from his income .

Q.1. His income tax return filing is needed ?

Q2. if ans is yes, then how return will filled ?



Anonymous
09 May 2013 at 19:20

Doubt in internal reconstruction

i am very much confused in passing capital reduction entry i am not getting when to reduce the face value and when to reduce the paid up value i.e when to pass reduction entry and when to pass replacement entry please help urgently solution required.

Regards.


Gaurav Jindal

We as a company provide facility to our employees for their transportation from office to home and vise-versa for which we use motor cars of one of our group company who charge us in RS. per KM during the month.

Our group company is not in business of rent a cab but it is in the retail business.

My question is..
Whether our group company is liable to charge service tax on the invoice raised by them.? if yes then whether they can claimed abatement of 60% which is available on rent a cab services?