If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is it Right or wrong Total Net income = 200000 (-)Nil Tax 160000 ------- 40000 x 10/100=4000 (-)

6 Answers  

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My question is that if only 20% amount of lic is elgible in one financial year for tax exemption, than one time instalment in lic is elgible for tax exemption ?. for suppose i invest 25000 Rs. only one time in lic.pls. tell me it is elgible or not.

2 Answers  

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Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?

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what is extra at actuals in excise duty. how 2 calculate them on basic price?

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what the procedure of filing mvat pls. explain in briefly ?

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if "a" is a party from gurgaon purchase goods from "b" a party of bhiwadi. "a" purchase goods at cst @2% against "c" form of rs(taxable amt) 10000/- cst @2% rs 200/- then the total bill amount is 10200/-. what is the amount of "C" form made by "a"?

7 Answers   Matrix, Retail,

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define double entry bookkeeping

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What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.

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Total amount inclusive of tax is 1,00,000 1) ST @ 14.5% on 30% of value 2) COT @ 4% on 100% of value Please find the answer?

1 Answers   GW,

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a business man purchases goods at 12.5% vat... he wants to sel l the goods to other state then central sales tax will be applicable@2%.what he can do with the input tax avai lable?

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what is the mean of payment of contract,subcontract and professional charges

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in the credit note vat amount is in vat on sale but next step whitch vat class is applicable input vat or out put vat ?

1 Answers  

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