Purchase a property (Flat) for Rs. 58,30,500 on which a loan of Rs.25,00,000 has been taken. The bank is charging an interest of Rs.49,826. Can I claim deduction for this amount as interest on borrowed capital under the head income from house property?
The property under construction with the builder.

Dear Sir,

I, Monika applied for IPCC through direct entry Scheme from B com but I haven't received my SRO number. I have to register for my Articleship, ITT & Orientation.

Please suggest me, how to get my SRO NUMBER.
Its very Urgent.

in case of direct entry, first do v hav to complete itt n ot then can start article ship or along with article itt ot can b done which of the either case is correct n applicable. ..?

Hi,
My income under the head of salary is rs.646519.00 and deduction under chapter vi-a is rs.43059.00 so total income is rs.603460.00. I give donation to political party which is reg. u/s. 29a rs.100000/- and rs.881.00 to public charitable trust reg. u/s.12-a:.so please tell me the calculation of income.

IF LIVER IS TRANSPLANTED AND THE EXPENDITURE IS 38 LAC WILL THE DEDUCTION CAN B CLAIMED IN 80 DDB

Actually i am not getting where to put exempt income details in ITS 1 Like dividend income, allowances U/'s 10 etc. So please help me out.

Hello,
I am a Commerce graduate with the aggregate of 56.20%, but I got 'C' Grade. So, my query is that am I eligible for Registration Under Direct Entry Scheme for IPCC?

Hi,
My income for AY 14-15 is from Business and is below exemption limit.

I still want to file income tax return as for Bank loan, ITR are generally asked.

Can I file ITR in such situation?

Regards

A professional has been appointed as PROFESSIONAL USER by the company at MCA website. The professional user has himself registered as BUSINESS USER after providing all his professional qualification details at MCA website.

a) For the client company should he file the eform as business user or professional user.

b)If as professional user, how should he do it. (Note that after login as business user with his DSC , he is able to see the company name who have appointed him as professional user)

I trade only in options.. There is lot of confusion on how turnover is calculated?let say i bought one lot of nifty at 100 and sold for 110. then will turnover be considered only profit portion, that is 10*50=500 or something else?