Dear Sir,
One of my cousin have invested in RD from 1st april 2015 @ 6000 per month, the tenure of RD is five years...

So my two questions

1. Is there is any exemption available under 80 c for deposits made in RD

2. In which year the interest component will be taxable because if the RD continues for five years, he will get annualised interest @ 8.4 or if breaks in between interest rates will be lower..

So whether interest should be taxable in the year of maturity to know the exact amount of interest for tax payments

if a dealer surrender his registration the tax available in credit ledger will be refunded..?

a cab service company is paying Rs.11000 per month for online server to a IT company ,is there any tds liability???

I am working in a private limited company for last 29 years. whether I am eligible for Gratuity.

One of my friend, has retired from employment in the FY 16-17 and his employer has filed the returns for my friend in Form ITR 1 and has deducted the relevant tax amount from the settlement amount of my friend and remitted the Income tax.
But, the issue is that, the said employer has filed the return without considering the premium amount paid to LIC for his and his spouse's policies in the FY 16-17.
Please explain us the proceedure to claim the refund against the said payments made to LIC under Sec 80C

Thanks

can i claim deduction u/s 80C for assessment year 2017-18 if return filled after due date

What will the GST for the body building like tanker , tipper , container etc on Customer's vehicle chassis. We are purchasing steel items for 18% wooden items @18% Alluminium @18% but it's informed 28% GST for body building it's correct, if so how ?

One of my client engaged in Export of Goods and import of goods.During the year ended company has purchases a goods from America and it was in transit. so company has recorded it as "Material in Transit" on 31/03/2017 at on prevailing exchange rate of Rs.50/$.
the entry has been made as followed by the company

Material in Transit A/c Dr. Material Value*50
To Party Material Value*50


On 15.04.2017 the company has received goods. and on that date foreign exchange rate prevailing Rs. 55.
The Company again recorded the goods as follows:

Purchases A/c dr. Material Value*55
To Party Material Value*55

and after receiving of Goods the company has reverse the Entry which was posted on year 31.03.2017
The reversal entry was as followed:

Party Ac/ Dr. Material Value* 50
To MIT Material Value*50

Whether this treatment is correct or wrong?

In Last month we deducted TDS U/s 194C because his bill amount exceeds Rs.30,000 and in current month we received bill amount of Rs.10,000 but his aggregate of all bills not exceeding Rs.1,00,000. in current month. Shall I deduct TDS for current month?

While calculation expected income on account of pension/salary, it it compulsory for the deductor to take into consideration of all source of income of the deductee? If any deductee do not wish to inform his income from other source (like interest on bank FD etc.) to the deductor, is the deductor held responsible in any way?
Thanks in advance!!