Is Late fee and service tax thereon LIC Premium is elgible
for deduction u/s 80C ?
Answers were Sorted based on User's Feedback
Answer / viswa
Only the premium amount and service tax on that only
eligible for 80C deduction. Late fee its a penalty which a
mistake is done by u, not eligible for deduction
Is This Answer Correct ? | 43 Yes | 1 No |
Answer / akash gurao
late fee not eligible for deduction u/s 80C but service tax
on lic premium is eligible for deduction
Is This Answer Correct ? | 47 Yes | 9 No |
Who is liable for TDS ON CONTRACTORS 1% categories ?
How to file the CST return and which form is use.
0 Answers Bharat Bazar, Skyline,
DEFINE 'SALES TAX, CORPORATE TAX, PROFESSIONAL TAX & INCOME TAX'? (please give accurate definitions dudes)
Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You
When private limited company liable to pay service tax???????
As an accountant what we have to do if purchaser is not paying us form C however we have charged tax at lower rate against form C?
One bill of Rs.200000/- for Machinery hire issued by party, but total bill is reversed by me to party. In this matter what is the TDS Deduction entry I can made or not?
can we clarify any questions/doubts raised by other persons
What is Profession?
jpurnal entry for provision for taxation? mention clearly?
Is VAT & CST should be charged on Freight charges or not.
15 Answers LGC Promochem, Rajat Cement, RCC Laboratories India Private Limited,
how to calculate service tax