Originally posted by : Punit GoSwaMi
	dude this solution is wrong... 1st mistake contribution to pension fund is not deductible...

perfect pension cannot be claimed and punit how about loss from discountinued activity can it be set off???

Originally posted by : Punit GoSwaMi
	who made this solution??

some JS Johar made this solution!

/share_files/solved-paper-of-tax-may-2010-26621.asp

here is his profile -> /profile.asp?member_id=345831

Originally posted by : Nitesh Bhandari
	Originally posted by : Punit GoSwaMi dude this solution is wrong... 1st mistake contribution to pension fund is not deductible... perfect pension cannot be claimed and punit how about loss from discountinued activity can it be set off???

loss from discountinued activity can be set-off!

contribution to pension fund is deductible.. take this link and look it for yourself

https://www.etaxindia.org/2009/09/deduction-us-80c-80ccc-80ccd-80cce-80d-80dd-80ddb-80e-80g-etc.html.. U/S 80 ccc

Dear Sir, 

 i need a clarification in respect to computation of hp for DLO  

Practically speaking there can be hundred people in an HUF... so its impracticable to own just one house... further lets look into the question.... the question says the following points...

- A residential property.. note the word A

- in that Three identical units... meaning all these are in the same place...

Hence according to tax guru Padmashree TN Manoharan... it should be construed as one unit... and moreover if its Deemed let out then...

There should be an annual value and municipal taxes need to be considered.. anyways thats all i can tell

HI,

Can you pls upload solutions for IPCC and PEII Tax

go to cajsjohar.com

pcc/ipcc ke solution ke liye okk..........

check out

guys.. i don think there is deduction for HUF in regards contribution to pension fund.. its there oly for individuals..

yes loss can be set-off...even i did mistake in my exam i dint set off bcoz i thot it can not b set off as its discontinued,,

Thank u.... Its easy for us to assess our score in Tax paper. Good work..... Pls upload cost fm & Accounts

I Have Uploaded ipcc tax   ..........     /forum/here-is-the-solution-of-pcc-tax-may10-83275.asp

Originally posted by : Punit GoSwaMi
	yes loss can be set-off...even i did mistake in my exam i dint set off bcoz i thot it can not b set off as its discontinued,,

 nope i am still confident that it cant be set off... lets wait for the suggested answers.... !!

THIS SOLUTION IS WRONG BECAUSE IN THE QUESTION NO-4(B)GIFT RECIEVED ON 06.9.2009 FROM A FRIEND OF AMOUNTED RS. 100000/- IS NOT TAXABLE BECAUSE BEFORE 01/10/2009 AND GIFT RECIVED IN KIND IS NOT TAXABLE . SO AT HERE THIS AMOUNT IS INCLUDE . & IN 3 QUESTION PROPRIETARY BUSINESS TOTAL AMOUNT IN BUSINESS WILL BE TAKE ON 1.4.2009 WILL BE=600000/- RS.(400000+200000)

REPLY THIS

KETAN AGARWAL

Originally posted by : Nitesh Bhandari
	nope i am still confident that it cant be set off... lets wait for the suggested answers.... !!

just check ur book na and u'll know that it can be set-off