Banks concurrent audit
This query is : Resolved
24 June 2014
Dear Sir,
I Had received bonus of 19500 from max life insurance. is it taxable or not
I Had received bonus of 19500 from max life insurance. is it taxable or not
24 June 2014
what does 'unrealised other income for AD' and ' unrealised income for CC and OD' means? and how should an auditor treat any mismatch in these accounts? please help
24 June 2014
bonus receid from insurance company agst life insurance is not taxable.
24 June 2014
Bonus from Insurance company is not taxable. The funda for LIC is EEE i.e. deduction available at the time of investment, Interest accrued is also not taxable and Amount received at the end is also exempt.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
