I am paying LIP to my daughter Rs 12500 per annum since 5
years. last year she got married. Pl advice me whether I
can add her LIP payment to my savings to get Tax benifit
Answer / ankit jain
no, since she is now married daughter, you cannot claim LIP
as deductionunder Chap VIA of Income-tax act
Is This Answer Correct ? | 7 Yes | 1 No |
We are the manufacturing unit & we have Excise Registration no also. My Question is what is Ex. Duty & why we take Excise Registration.
What is the TDS . and how can we identify this is TDS Deductable or not.
80DD Dediction
Please tell me that what is the formula of Input tax (Vat input) disallowed in case of branch transfer? We have a branch in Delhi and H.O in Faridabad?
What is the difference between a TDS and an income tax?
if v have contract with the Purchasers then on the purchase bill which has VAT, can v deduct TDS Contract basis under 94J
what are indirect taxes
What is rate of tax applicable in absence of central declaration form in state of Haryana. against "C" form rate is 4% & Local VAT is 12.5%. Pl. help.
I want to know the liability of tax agaisnt 'C' Form if i am not able to produce the form in front of authority.
8 Answers ABB, Join Leader Chemtech,
Correct Journal Entry of PF & ESI
cash transaction in a year up to Rs.20,000/- that rule under sec.40-A. It may be any revised rule updated. Please inform me anybody, and also suppose giving cash/cheque it is possible.
what is city commodity tax