How much deduction can be availed by donating to Corpus Fund of a Trust?
Hello everyone,
Arrears of pension received by an individual can be claimed as relief u/s 89. Suppose the arrears received belong to the year 2006 to 2016, i.e., 10years and received during P.Y. 2016-17. While calculating the relief, income of the preceding 3 P.Y.s is considered and one-third of the arrears is added in each year. So, my question is : Is there any treatment of income of the P.Y.s preceding the 3 P.Y.s?
In this case, we will consider the income of P.Y. 2013-14, 2014-15, 2015-16. What about the income of remaining years and their respective arrears?
Thanks
A public sector undertaking intends to change signitories for operating its Deposit account in the bank. Does it need to pass a resolution in this behalf in a board meeting or MD has the power to change the signitories at his will.
I am not a student but I want to know what is trail balance profit and loss account and balance sheet how it is calculated and the percentage of NET profit
Hi Everyone,
My friend did not file his income tax return for the FY 2014-15. Now he wants to file it. Total tax liability is zero.
Please confirm if there is any penalty or interest which needs to pay before filling the return.
Thanks,
V kumar
If goods are imported from china but the payment is made to switzerland on the ground that the supplier is based at switzerland and shipment done by him from china. can it be possible to make payment to switzerland instead of china without making any violation of law.
if goods have been imported from china but payment against this import was made to switzerland. Form 15CB submitted by chartered accountant was for import from china and not from switzerland. please clarify can payment be made to switzerland while the import from the china.
Every individual is allowed to show savings up to Rs. 1,50,000/-. But I have savings only up to Rs. 1,00,000/-. So for the rest of the amount i.e., Rs. 50,000/-, can I fill it up with the interest and the prinicipal of the education loan of my child? I am aware that I can use the interest, but please let me know if I can avail the exemption for the principal amount of the education loan too...
Thanks a lot,
Madhuna
Whether Purchase Order required to issue for the purchase of Fixed Assets.? if yes what is the difference between PO raised for Material purchase and Asset purchase?
Sir my regesteration number cancelled on 4jan2017.my last return submit on Feb 2015 I want my tin number back is it possible ??
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Donation to corpus fund of a trust