CA Abhishek Bagaria
26 February 2009 at 12:43

Dedution of Interest

We are paying Interest on Mumbai Muncipality Cess for 1998-2004 on 24/02/09. whether deduction is available under business income.
For period 2005-2008 Interest has not been paid but it has accrued. Whether deduction will be available on this?

Thanks & Rgards,
Abhishek


Nitin Jain
26 February 2009 at 12:38

Dividend on Shares

Dear Sir,

I have query on dividend on shares. I am holding some shares of a Pvt. Ltd. company for more than 5 years. The company is showing good profit every year, but they are not giving any dividend. There are only 2 share holders in the company.

Please advise, in this case, the dividend which was payable to me every year will be given to me when I will sell the shares.

With best regards,

NJ


Pulkit Malhotra
26 February 2009 at 12:21

search for articleship in delhi???????

i am searchin for articleship in delhi.....
plzzzz help me out..........
tell me good firms in delhi and make me placed in them....
i dont have any problem in secondment also......
I have cleared CPT in NOV '06 with 30th rank and cleared PCC in NOV '08(both groups) in first attempt....
Winner of DNA MONEY QUIZ at indore level


Ankit Jain
26 February 2009 at 12:03

Interest on PPF

Dear all,

Please tell me, whether interest on ppf account is exempt from tax as per income tax act 1961.


TR Nagaraja
26 February 2009 at 11:38

Need sugtn fo r Doing CA

Hi sir
i done BBM in 2001 and got job as tax assistance in CA Firm. After 4 years i got experince in incometax/Vat/service tax, i have opened own office in my place. i got sum client and office running wel. My age is now 32 year and also married. Now i wanted to do CA, Its possible ? i have one assistant doing all my office work. Cen i join CA? Please sugest me.


Lalita
26 February 2009 at 11:31

About T.D.S.


ON WHICH AMOUNT T.D.S. CAN BE DEDUCED i.e. GROSS AMOUNT OF BILL (NET AMOUNT + SERVICE TAX) OR ONLY NET AMOUNT OF BILL.


shankar
26 February 2009 at 11:26

p&L ACCOUNT / BALANCE SHEET

Ours is a central government organisation and has a sports club and many of the employees are members. club is getting subscription from all members. The club is not registered with any body and every three years will have committee elected by members. I would like to know whether it is mandatory to have P&L Accounts and Balance sheet or only R & P will serve the purpose.. please reply to shankar.bh@gmail.com


Rinky jhanwar
26 February 2009 at 11:06

ca final registration

my freind clear pcc in nov 08 and final attempt due in nov 2010 so tell me the last date of registration


sanjeet
26 February 2009 at 11:01

SERVICE TAX

IF NOTIFICATION NO 8/2009 IS APPLICABLE FROM 24-02-2009 THAN WHAT WILL BE THE CONSEQUENCES IF SERVICES PROVEDED FROM 01-02-2008 TO 23-02-2008 WHETHER IT WILL CHARGED BY 12% OR THAT WILL ALSO CHARGED BY 10%. (IGNORE THE ED CESS AND HSED CESS)

PLEASE CONFIRM.


Shailesh
26 February 2009 at 10:48

HOUSE RENT REIMBURSMENT FROM SALEARY

SIR,

MY FRIEND WORKING IN LIMITED CO. WITH 5L PKG. HE GOT BASIC 16460\- & HRA RS.8230\-
HIS WORKING BASE STATION AT AHMEDABAD & PAYING RENT OF RS.8000\- P.M. BUT HIS FAMILY AT BARODA WITH OWN HOUSE. HE HAS TAKEN HDFC HOUSING LOAN 2007-2008.

MY QUERY IS:
HE CAN GET BENIFIT OF LOAN INTREST & HOUSE RENT BENIFIT (AHMEDABAD) FROM INCOME TAX OR NOT.





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