How to calculate the interest on housing loan for an LET
OUT PROPERTY?
Answer Posted / rohit
first v have to see muncipal value or fair rentel value of
the house which ever is hire but not hire then stendered
rent and then 30% texis less after it loan on counstruction
paid buy assessee is addable in half
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
procedure to get Raw Material free of excise duty under Central Excise Act,
Q.No.1) I paid Salary to our staff after deduction TDS. what is the journal entry pass at that time of payment of salary only, and then at the time of payment of tds. and the last date for payment of TDS Q.No.2) Suppose I paid Salary In advance due to that officer is take business tour at the end of the month in after deducting TDS. Now What is the journal entry Salary Advance & Payment of TDS. and when i will pay TDS for This Situation. Kindly Help me
My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.
Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
what is the significance of business taxation in private company?
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?
how to calculate tax for the income earners
What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?
What we mean by MAT Credit Entitlement ???
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
How do you plan to achieve these goals?
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT