Give some examples under sec. 80C? What is the maximum
limit ?
Answer Posted / reshma tabassum
Life Insurance Policy, any kind of funds, mutual funds,
payment on loan for house construction or purchase, term
deposit. The maximun amount of deduction cannot exceed RS
1,00,000
| Is This Answer Correct ? | 20 Yes | 7 No |
Post New Answer View All Answers
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
what the procedure of filing mvat pls. explain in briefly ?
i want know central excise duty codes with cess?
how to filing rt-1
Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
Define previous year.
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.
How to working service tax in excel sheet?
Define FBT with example & how it can be calculate ?
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.
The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
How should the personal assets of a salaried employee be shown in his books of accounts ?
what is the difference between vat return and return for remittance on value added tax.