X has purchased a plot of land and has taken housing loan for acquisition of the same. He constructs a house upon it which is very small in comparison to the plot of land.
Can X now claim deduction u/s. 24(b) in respect of housing loan taken for purchase of the plot land.
Is there any yardstick upon the size of house to be constructed?

Can a member be an Tax Auditor of a company being a Sole Proprietor and also be a Internal Auditor of the same company as a Partner of the Firm doing Internal Audit.

Like: A is a sole proprietor and a partner in Firm ABC too. He is doing Tax audit of XYZ Company. The XYZ company's internal audit is done by Firm ABC.

Is that Legal as per ICAI rules?

Dear Sir,
can anyone suggest me,
if uneducated person he/she want to make his/her pan card..

Then we can proceeds for New pan application 49/A for his/her .

and how many days will be completed for new pan card at our door step..

as early as possible..
Must suggest me sir please..
your positive response will be appreciated.
Thanks & Regards.

Mr. A has income for A.Y 2011-12 as under
Income u/s 44AD 135499
Remuneration from firm 78537
Int. from firm 30536
Interest income 157638
Agriculture income 401193
Deduction u/s 80C 100000
80D 7500

Total tax rs. 29340 paid with int. u/s 234A as on 30/03/2012. Whether Interest U/s 234B & 234C applicable?

DEAR SIR,
A FRIEND OF MINE WANTS TO DO IPCC AFTER TYBCOM (WITHOUT CPT) IS THERE ANY REQUIREMENT TO COMPLETE ITT BEFORE STARTING HIS ARTICLESHIP OR CAN HE DIRECTLY START HIS ARTICLESHIP AND THEN COMPLETE HIS ITT IN DUE COURSE??

my articleship started on 13th june 2012. i want to know when i should apply for industrial training. please help friends.


my email id- nikitaagarwal14@gmail.com

i will be thankful to u.

i want know is there a any penalty or implication on service receiver if the service provider has not raised proper invoice. in my case the invoice does not have any details about service provider's regn no and it is not a draft invoice.

How to answer query raised by other members.

Sir,
I have to be deposit tax for the Asst. Year 2013-14. but by mistake I have deposited on line tax for Asst. Year 2012-13 and submitted Return manually.

can I Ractify U/s 154 or other way.

Please resolve my problem

If a IPCC student fills up the exam form for May 2013 exams and for some reason he is unable to appear in any of the papers.

Then Can he get a rank when he appears for IPCC exams in November 2013?