In the given example what would be the GAV?
Municipal Valuation Rs 70000/-
Fair Rent Rs 75000/-
Standard Rent Rs 60000/-
Actual Rent Rs 8000/-
Property Vacant(in months) 10
Vacancy Rent Rs 40000/-
2. What is the taxable Income from House Property for the A.Y 2008-09 & A.Y 2009-10?
Case A Case B
Municipal Valuation 380000 340000
Fair Rent 370000 390000
Standard Rent 340000 340000
Actual Rent 432000 350000
Unrealised Rent of
P.Y 2008-09
(Allowable as per Rule 4) 60000 60000
Municipal taxes paid 76000 76000
Interest on Loan due 72000 72000
Unrealised Rent recovered
in P.Y 2008-09 56000 56000
Plz. answer the following:-
Is payment of a LIC Premium for an amt.more than Rs.20,000/- in cash is exempted u/s 40A(3)?
I want to know is it possible that VAT and service tax is applicable on same thing. i.e. service tax is charged at the same time and VAT is also applicable
what is the criteria for deciding whether a company is NBFC or not and whether a company can be a Investment company as well as Loan company as per the NBFC prudential norm issued by RBI?
I have passed CA Final in May 08. During my articleship(Sep'05 - Sep'08), I had pursued M.Com through distance education. I passed M.Com in July 2007. I did not take permission from Institute by submitting Form No.112 for studying M.Com.
Whether I should submit it now along with condonation fee? Please clarify keeping in view the latest announcement regarding Form.112
Dear Sir,
I heard that Madras High Court put Stay on Levying Service Tax on Construction of Residential Apartments.
Is it Really Happens ?
If so shall we go further with out paying the Service Tax on Construction of residential Apartments based on the Stay
Pls. Advice.
Thanking You
a person is partner & propriter of a firm and uses funds ofr the both from both bank ac how should it be accouted in
1)partnership
eg.cash recd from propriter
2)propritor
eg. cash drawn for partnership firm
I am residing at Mumbai. Can i obtain copy of Certificate of Incorporation of a company registered in Kolkata by post / courier.
Thanks
a partnership firm has a branch outside delhi. the branch hasnot TAN No. So
tell me
the head office deduct the tds on the behalf of branch by using the headoffice TAN No.
there is one proprietory firm who wants to close the firm and he is liable to service tax for some amount & also he wants to cancelled his service tax registration
So tell me wats the procedure to clear all the liabilities & How to cancel his service tax registration
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House Property