My estimated income for the financial Year 2009-10 will be
485000/- please make a tax plan to escape legally from
paying taxes
Answer Posted / manish.panchal
485000.00 Gross Income
Less : 180000.00 Deduction Available in Income Tax.
Bal. : 305000.00 Taxable Income ( A )
Deductions you can Avail
9600.00 You can deduct as Conveyance Exps.
50000.00 You can deposit in PPF.
100000.00 You can buy NSC.
2500.00 Your PT deductions
Your Housing Loan, Car Loan Etc. at actual
you can claim.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What we mean by MAT Credit Entitlement ???
In advance c form dvat why not showing the amount in form verification
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
what is capital account? how to manage it? what is the process?
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
How many turnover company active TAN no applicable and how many deduction % of service.
can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure
1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems
how to generate H-form and procedure for generate?
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
Define the term person?
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
sub hadding no. scrap & Wastage in corrugated box