can a trust, incorporated for benefit of minor child, claim deduction u/s 80C for the payment made by the trust towards life of the minor.
In my case trust has made payment to Birla Sun life insurance of Rs. 100000.00 for life insurance of minor for whose benefit trust has been incorporated.
hi ,
is there any compulsion to do cs-articles before cs-final.If no can i get qualification certificate before doing cs - articles .
The assessee company not maintaining log book for use of car the A.O. wants to make an addition in the absence of log book the perquisites of cars is added in the income of directors and some of the employee.cars are used exclusive for business of the assessee but the A.O. is still instance to disallowed.please send the site allowed car expenses
A company has a given a loan of rs 1,00,000 to a shareholder and his share of interest in company giving loan is 30%. The accumulated profits of the company amounted to Rs 60000.
What will be the taxable amount under section 2 (22)(e), Whole of rs 60,000 or 30% of Rs 60,000?
Dear sir,
We are a LTD Co. and purchased an old truck by rs. 1150000/- and issued a cheque Of Rs. 500000/- and balance payment made by us Rs. 150000/- in cash and remaining th. cheque. My question is Rs. 150000 is allowable or not ?
Sir,
Please explain me computation under section 26 & 24(B) of Income Tax.
hello sir,
i am gorasiya rahul ca ipcc student.
sir i have already passed my ipcc first group exam and i have already submit online form of my ipcc group two exam.
but i have no proper address for posting of physical copy.
so, plz. send me proper address for posting of my examination form.
and also inform me i.e. Delhi or mumbai.
thanckyou
rahul patel
Dear Sir
Please suggest if a company paid Rs.15000/- as medical allowance and employee submitted the bills of medical and also done a medical policy which annual premium of Rs.10000/-.
Please suggest in this case how much amount is relief able under 80D?
Please also suggest that 15000/- is non-taxable income or taxable income
DEAR SIR
I HAVE GET MY BOOKS AUDITED FOR THE YEAR 2011-2012 BY 25 SEPTEMBER 2012 BUT I HAVE NOT FILED MY RETURN YET. CAN I FILE MY RETURN NOW. AS THE DUE DATE WAS 30 SEPTEMBER. IS THERE ANY PENEALTY LEVIABLE ON ME OR NOT.
KINDLY CONFIRM IT.
THANKS & REGARDS
Dear Sir
Please guide is agricultural income is taxable or not and which ITR form submitted for agricultural
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Deduction u/s 80c