Is Late fee and service tax thereon LIC Premium is elgible
for deduction u/s 80C ?
- 2 Answers
- 23045 Views
- Voltas, I also Faced
- E-Mail Answers
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 |
WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL
we have got a bill of maintinance charges (material Bill only. bill amount is rs. 5000/- now my question is how much wct we have to cut.
what is exemption if tds? who & what get benefit of such exemption of tds?
calculation of Tds on subcontractor
Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???
A SUPPLIER FROM GUJARAT IS ASKING 15% CST AGAINST SUPPLYING OF LIFT IN PUNE (MAHARASHTRA) IS IT APPLICABLE OR NOT?
2 Answers Nitin Art Infrastructure,
WHAT IS VAT RATE IN CHATTISHGARH ON BEBY CHAIR?
we are deducting tds for our clients under section 194C section. exemption under this section is Rs.20000 suppose if a client bills more than Rs.20000, then i have to deduct tds only for above Rs.20000/- bills or from the first bill onwards.please clear me with as example
Suppose A, Delhi is selling material to B, Chhhattisgarh & B wants this material at Bhopal. A bills like sold to party B, Chhattisgarh & Ship to party C, Bhopal. Whereas C is a site office of B. In this case whiling billing A required TIN no of B & C or proving TIN no of B is enough?
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
What are the deductions under salary head? Name the items.
company want to me deduct tds, i have pan if i need tan number.if yes kindly explain why?
Audit 
