A person let out his 1 big house to 4 persons @ 2000/-p.m per person on 1/4/2008
On 30/10/2008 he makes 2 different house by dividing the 1 big house into 2 house
& registered the both house against appropriate authority & let out both the house
to the same persons but sending 2 persons in the 2nd house.
Now my question is,can he gets the standard deduction 2 times for 2 house
(before dividing the house he gets standard deduction 1 times)
Note: the standard deduction of 30% calculated on net value which is different for both
the houses.

What should I do to make a tax planning in case of house property?

Which are the possible areas of tax evasion in case of house property income?

we are manufacturar exporter

we want to give some dicounts on the excise invoice to the domestic buyers

cash payment discount
advance payment discount
bulk order discount

can we show these kind of discounts on invoice

have we to take the permission from excise or

pls advise

we are despatiching from the duty free zone (sidcul) haridwar there is no excise duty only sales tax and cat

in this case how we treat this

suppose,

GAV (-500000)in minus
_ municiple 10000
tax
--------
NAV (510000)


Can i claim for deduction available though
NAV is negative?

i have a querry related to TDS matter.
Actually one of my client had deducted the TDS on regular basis but not deposited on time. the same is deposited in month of june. also TDS return are also not submitted to department.
in this case, can the client claim the expenditure in his individual return.
will it be any diff. if the client deposit in month of march all TDS deducted upto feb 09,

plz explain
reply to
caamitbansal2007@gmail.com

Dear all

I own two different properties which are let out for the whole year and I am receiving rent. To construct these properties I raised two different loans from banks and have paid Rs 138000/- and Rs 217000/- as interest.
My question is: whether I will get the whole amount of interest paid by me as deduction or only Rs 150000/- ceiling shall be applicable.
And also whether I will be eligible to claim deduction u/s 80C for the payment of the principal part of the loan

Thanks in advance

Period of statutory time limit of holding AGM within 15 months, starts from date of original meeting or conclusion of adjouned meeting?

Our Company is registered under ROC as PVT LTD CO and our core business is consulting enginnering, but our MOA & AOA also gives premission to run institute to impart training to degree holder in engineering student. So our training institute is approved by CEA (Central Electricity Authority). My question is that whatever fees will be collected from student, it will attract service Tax or not, Jyoti

kya institute ne jo restriction lagyi thi termination par wo hata di hai kya plz reply sir main bhut pareshan hoon vimal

we are manufacturar exporter

we want to give some dicounts on the excise invoice to the domestic buyers

cash payment discount
advance payment discount
bulk order discount

can we show these kind of discounts on invoice

have we to take the permission from excise or

pls advise

we are despatiching from the duty free zone (sidcul) haridwar there is no excise duty only sales tax and cat

in this case how we treat this

What is the accounting code for the payment of Baisc excise duty/ Education Cess & Higher Education Cess.

AND

What is the accounting code for Payment of Education Cess & Higher Education Cess under Service Tax?

Regds