Me and my brother are co-owner of flat.
Housing Loan Interest is Rs.2,00,000/-, we are repaying the housing loan equally.
Can me and my brother take deduction of Rs.1,00,000/- each from Income from House Property U/S 24.

What is Freight remittance limit in FEMA beyond which RBI permission is required?

Agreement b/w company and building owner(karta called as 'A'), saying that rent payable p.annum is Rs. 2.52lacs, Agreement says that Rent disbursement should be as follows. A karta Rs.8000 PM, B wife Rs.8000 and C son (Major)Rs. 5000. What the TDS amount to be deducted u/s 194-I.? pls.give if any notification relating to this.

HI,

I think the effective date for this reduced rate is 24.02.09. But, if services rendered earlier to this date and raising the bill now. then what rate should be applied for such type of Bills..?
Please answer this.

sir ,
i belong to old scheme. from this attempt postal scheme has been withdrawn. though i have submitted the papers and got them corrected also, i have not received eligibility certificate. my concern is that regarding eligibility details in the form and also, we have to submit the certificate of service to sr. jt. secretary (exams) by june 30 what form i am not able to understand please help

please resolve my query
thank you

A Welfare Society (NGO)working for last 3 years and not filed its IT Retrn. However Surplus was aroung 50,000. It had not yet applied for 80G i.e. any exemption benefit. Now, i want to file IT return for the last two years.

1. Can anyone tell me whic ITR Form will be applicable? Is the treatment is like a Trust or an AOP.
2. And IS The normal Tax Slab would be applicable untill it apply for 80G?

I m a ca pcc student and going to appear in these june 09 and had taken transfer 1 week before and the examination date for filing form is near and had not got my new registration letter so will it be a problem that i wont be able to appear these june 09. please reply to the post as soon as possible. thank you so much

I am a Practicing Chartered Accountant holding fulltime COP with effect from August 2008 but I got the membership in January 2007.

Now I want to know whether I will get exemption from attending CPE for one year from my COP date or from my membership date.

So please tell me do I required to complete 20 hrs for Calendar year 2008 (By 31st March , 2009).

Kindly do the needful ASAP.

I m a ca pcc student and going to appear in these june 09 and had taken transfer 1 week before and the examination date for filing form is near and had not got my new registration letter so will it be a problem that i wont be able to appear these june 09.
please reply to the post as soon as possible.

thank you so much.

A payment of rent was made @7500pm from May 07 to Mar08. However TDS was not deducted on the of paymnet. Later in sep 08, a single deduction of Rs 1700 was made from the account of the owner & deposited by a single challan.

Pls advise how to prepare return of TDS(form26Q) as regards,

FY & Qtr for which 26Q should be prepared?