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Anonymous

hello,
One of my Clint has taken loan for building 1 st floor of his own house. can he get the benefit of repayment of loan u/s 80 c ?



Anonymous
25 June 2014 at 22:57

Excise return file after 8 pm

excise return file after 8 PM can be counted on next working day. please reply .



Anonymous
25 June 2014 at 22:55

Excise duty paid after 8 pm

Excise Duty paid after 8 PM can be counted in next working day .please reply this question.


tarun Hassija

my dad and uncle purchased a flat (house property) 3 years ago for 48 lakhs. However the the flat was registered in the joint name of my uncle, my uncles HUF and my uncles daughter in law. my dad just transferred money from his account to uncles account and my uncle was the one to pay for the house. so although the flat is registered in another person's name, in reality my dad and my uncle are the real part owners. This year they sold the flat for 66 lakhs i.e at a profit for 18 lakhs. my dad now wants that the 9 lakhs profit is actually his income. but since the flat was registered in another person's name, it cannot be counted as my dad's income. One of the way that my dad suggested is that we can show the 23 lakhs contributed for the flat as the loan given to my uncle. so 9 lakhs is the interest received by my dad which comes to approximately 13 % p.a. However that possibility is ruled out since it wasn't shown as the income in the 1 St year. Can anyone suggest a way out?



Anonymous

Hello all,

I am planning to sell a flat and I have a friend who is willing to buy it. He is paying some down payment and needs to get a bank loan for 75% amount.

Rather than involving a bank, I am fine if he can repay me directly by paying out monthly installments, equal to EMI over a longer duration.

Can this be done ? Can we have an agreement to achieve this ? And, does this have any tax implication for me as a seller ?


mayank
25 June 2014 at 22:35

Non resident shipping companies

Sir whether tds should be deducted or not on agencies or agent working in India on the behalf of non resident Indian shipping companies?


purvangi shukla
25 June 2014 at 22:18

Dec exams

hi there.ur all tips are very useful.i am confused about my job. i m preparing for cs executive and want to appear in dec. i m working as a customer service manager. should i resign from my job or it will help in future?really do not underdtand n confused. pls suggest for this. awaiting ur reply.


PRAVEEN KUMAR N
25 June 2014 at 22:07

Journal entry

wat is the entry for purchase of computer for rs.60k by cash 30k and by credit card 30k uh


srinivas.t
25 June 2014 at 21:54

Revised return

Is it possible to E-Revise return, when previous return is manual


nidhi
25 June 2014 at 21:36

Accrued commission income

With reference to my earlier query about accrued income, i wanted to ask-whether this treatment is correct- last yr i made the foll. entry- accrued commission a/c dr. 460615 tds a/c dr. 51180 To party a/c 511795 party a/c 511795 To comm.received a/c 511795 now,in the current yr. when i received Rs.386154, bank a/c dr. 386154 To party a/c 386154 party a/c dr.386154 To accrued commission a/c 386154 whether this treatment is correct?? and what will be the treatment of( 460615-386154)74461??( i recd. the refund in which i claimed the tds for the said accrued comm.)