Answer Posted / s.bhavani

Under Section 80C, we can invest in some schemes which can
be claimed for deduction from the Taxable income for the
purpose of Income tax.
Some examples are, Premium paid on LIC policies, Mutual
funds, Medical insurance, Interest portion on House loan
from approved institutions, School fees paid limit Rs.12000
per child maximum of 2 children, etc.

Maximum limit for availing deduction for A.Y. 2011-12,
F.Y.2010-11 is Rs.1,50,000/-

on earth moving road work which type of tax is applicable?

1860

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How can deduct tds from auction cases (timber)

1992

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Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?

1080

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if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1849

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Define financial year?

1106

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We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices

2212

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what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns

3428

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Making delivery challan is possiable between two branch of difference code

2227

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How do I get a C form with the bank Guarantee?

1759

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how to generate H-form and procedure for generate?

3513

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Define deferred tax liability? What items come under deferred tax liability?

1156

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Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study

2319

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I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

2260

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what is the prime cost? and factory cost how to calculate it?

2139

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Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?

2064

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