234abc interest calculator


Interest rate cut in PPF and KVP by 0.10 percent in this quarter

Interest rate cut for long term saving schemes The interest rates of Public Provident Fund PPF Kisan Vikas Patra KVP Senior Citizens Savings Scheme 2004 and Sukanya Samriddhi Account the Girl Child Scheme were reduced by 0 10 percentage point for the quarter 01 10 2016 to 31 12 2016 and not 0 10 per

CBDT will pay interest on refund for excess TDS deposited

Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act 1961

Inclusion of interest income in the return

Information regarding interest earned by individuals and business entities on term deposit is filed with the Income Tax Department by banks including co operative banks and other financial institutions and State treasuries etc Form 26AS reflects only those payments on which tax has been deducted and

Central Govt. cuts PPF interest rate to 8.10% from 8.7%

Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016 17 notified Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF Senior Citizen Savings Scheme Sukanya Samridhi Scheme and NSC etc are being continued and included in the rates notif

E-Assessment to be expanded to 7 cities

Limit of Deduction of Rent Increased from Rs 24 000 to Rs 60 000 100 Deduction of Profits for 3 out of 5 Years for Start Ups withdrawal upto 40 of the Corpus to be Tax Free at the time of Retirement Deduction of Additional Interest of Rs 50 000 Per Annum for First Time Home buyers New Dispute Resolu

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Can expenses of society be deducted from interest income of

In my society maintaianace charges are collected less beause there is income from from fds and still society is running in loss Please suggest can it be claimed as deduction from interest income in incometax return

Interest under sec 24(b)

The assessee has two self occupied properties in the Same financial year The first property is occupied for the period 1st April to 30 th June and this property has been sold and the entire loan is repaid against the property and later new property was purchased after 31st June and brought a new loa

Interest under sec 24(b)

The assessee has two self occupied properties in the Same financial year The first property is occupied for the period 1st April to 30 th June and this property has been sold and the entire loan is repaid against the property and later new property was purchased after 31st June and brought a new loa

Interest u/s. 28 and 34 of the land acquisition act

Please provide me a best assessment order ignoring the interest income u s 28 as exempt as discussed in the case of CIT Vs Ghanshyam w r t some case laws if possible

Interest earned on salary advances

Kindly let me know the accounting treatment for interest earned on advances given to employees against salary


Interest on late deduction u/s 201(1a)

We paid Rs 13000 U S 94J dated on 1st Aug 2016 Tds Deducted On Same Day However I deposited TDS online in Government dated on 4th Aug 2016 Wegot notice for Interest on Late Deduction U S 201 1A with 1 month delay in payment Is It Correct If not Correct than what to do

I get fd interest. how to calculate under 44ada?

Dear sir madam I am general medical practitioner practicing for the past 29 years usually not keeping any receipts I get morethan 2 5 lakhs per year from Bank FD interest for which the banks deduct TDS 10 If my declared gross receipts are 7 lakhs year at 50 my taxable professional income will be 3 5

Deduction for interest and pricipal repayment on home loan

Dear Friends Three co owners also co applicants took home loan share of each co owner may or may not be there but entire EMI was paid only by one Co owner from his own account Now 1 Can all co owners claim Interest Principal Repayment deduction individually subject the limit provided in IT Act in th

In tax saving FD only interest is taxable or final amount?

If we deposit 1 50 000 in tax saving FD scheme for 5 years the final amount we will get after 5 years is 2 31 419 assuming at 7 every year and compounding My question is in the year the FD will be matured would this final amount of 2 31 419 will be taxableor only the interest 81 419 is taxable Becau

Urgent regarding interest and penalty

one bill is raised in April16 and amount received against that bill in the same month according to that service tax should be deposit on or before 6 July but deposited on 3 Nov and return has not been filed yet so how much amount of penalty and interest should be deposited before filling return

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Disclosure of Interest by the directors section 184 of the Companies Act 2013

Section 184 Disclosure of Interest by Director 1 Every director shall at the first meeting of the Board in which he participates as a director and thereafter at the first meeting of the Board in every financial year or whenever there is any change in the disclosures already made then at the first Bo

Transfer Pricing Adjustment - Interest free Credit Period and Notional Interest

Transfer Pricing Adjustment Interest free Credit Period as an International Transaction The treatment of extended credit period to Associated Enterprises AEs as an international transaction and making adjustment of notional interest on the same has always been bone of contention between the assessee

Register of contracts and arrangements in which directors are interested

Section 189 of the Companies Act 2013 the Act read with Rule 16 of the Companies Meetings of Board and its Powers Rules 2014 the Rules provides for maintenance by every company of a register to record particulars of all contracts or arrangements to which sub section 2 of section 184 or section 188 o

Can you trust the online financial calculators?

Yes it is true that financial retirement calculators are simple to use Based on a few assumptions that you input on your computer about the future it instantly provides you with a number that indicates how much one needs for his her retirement This calculation might appear accurate to you in terms o

ST - Interest rates changed again !

There are two provisions under Finance Act 1994 dealing with interest on delayed payment as given below adsbygoogle window adsbygoogle push Sl No Situation Section No 1 Amount collected as service tax not liable to pay and not deposited with the government It is customary under indirect taxes that w

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Updated on : 11/30/2016 8:59:11 PM


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