My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.

e-filing of income tax returns started in a.y.2006-07 and then in 2007-08 onwards it expanded...i want to ask for which category of assessee's it is compulsory to file online return?

if in a year, the directors of a company have not proposed dividend or have proposed nil dividend, then is it required to include DECLARATION OF DIVIDEND in the ordinary business of notice of the AGM...

My father wants to give me loan by cheque with a 10 % interest for purchase of flat.

Can i get deduction u/s 80 cfor repayment of loanb and interest u/s 24 interest for housing loan.

They will issue me a letter for purpose of loan which i accept with terms and condition for loan.

ATUL SHAH

can any body send me required ammedments and new case laws for June 2009 Final examinations for both the groups, particularly for the 2nd group.

after big gap at the age of 40 years again I applied for the ca final examinations

Please clarify as to the auditing standards that what is to be refered whether AAS or the new SA's please tell me the effective date

Many Chartered Accountant firms in rajasthan have been informed of the allotment of Bank Branch Audit for the year ended 31.03.2009.However we have not received any communication from any bank though our firm name also appear in the panel released by ICAI. We would like to know whether there is any way to know if we have been appointed branch auditors of any of the PSU Banks for 2008-09.

what are off-balance sheet items. why they are called so? & its importance.

regds.
s.kumar.

PLZ TELL ME HOW TO SCORE GOOD MARKS IN DT AFTER DOING HARDWORK I WAS UNABLE TO CLEAR DT EXAM IN NOV 08

Is raising an invoice a prerequisite for recording Income. A Company, as per agreement, has recorded revenue in March, however the invoice was raised in April (thus 2 different accounting years). The Company has applied the provisions of AS 9 and all the risks and rewards are transferred to the purchaser but invoice was not generated. So keeping in mind the concept of Substance over Form, is the recording of Income correct. Will the answer differ if there is no agreement.