ajay sharma
23 April 2009 at 11:30

80d

Can anybody clarifiy as what is the the outer limit of rebate u/s 80 d for instance …can a individual claim a deduction upto Rs.15000 for self & spouses & addtionally Rs20000 for dependent parents who are senior citizens.


CA Aditya Goel

what is difference between abatement and cenvat credit in service tax and why both them them together can not be claimed?


Rajesh D.
23 April 2009 at 11:24

HUF PPF a/c and 80-C income tax

I am having a PPF a/c of my HUF operational from last 10 years. The first block of 15 years is not complete and will be complete in 2014. 1. Can I continue to subscribe Rs. 70000/- per year 2. Will I earn interest in this A/c for the previous amount and for amounts invested upto 2014 ? 3. Can I claim exemption under section 80-C from Income Tax for HUF. 4. If my HUF invest 70000/- in its own PPF A/c and 30000/- in my son's PPF A/c in the same year, can the HUF clain full 100000/- exemption under 80-C from income tax.
Please advise.
Thanks and Regards


Ramshankar
23 April 2009 at 11:20

Reg. VAT

What is VAT in breif?

Where it is applicable?


Ramshankar
23 April 2009 at 11:14

Reg.Service Tax

What all the areas under which service tax is applicable?


DIPTI
23 April 2009 at 11:14

Amendments

Amendments in income tax for A.Y.2009-10 Please send me quickly on my email-id.


Abhishek r vaishnav
23 April 2009 at 10:49

clubbing of incomes

what are the examples of impatricable estate


sandeep
23 April 2009 at 10:28

In chapter consignment

x of kolkatta sends out goods costing 100000 to y of mumbai at cost+25%. consignor's expenses Rs 2000. 3/5th of the goods were sold by consignee at 85000.commission 2% on sales + 20% of gross sales less all commission exeeds invoice value. Amount of commission eill be
(A) Rs 3083
(B) Rs 3000
(C) Rs 2500
(D) Rs 2000


LOKESH BINANI
23 April 2009 at 10:22

Authorised Signatory

Can a director signature in the stamp of authorised signatory or not... If yes then do we have any such related clause in Companies Act... Plz help.


Monil Shah
23 April 2009 at 09:37

Income tax Refund Accounting Entry

After the completion of assessmnet the advance tax and TDS are to be adjusted against the provison created for that Assessment year.But what is the accounting entry if

1.Their is Self assessment tax is payable as per assessemnt order.

2.Their is Refund as per assessemnt order.


Please also confirm Where to show the income tax refundable whether under Indirect Income or to reduce the provision for the current year by that amount. Please confirm and suggest.






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