by which sources an individual can reduce his tax liability?
his salary is 12 lakh
total deductions are of 150000
now wt other deduction he can taken from his income??
he is receiving HRA and the house is on his wife's name

crop insurance claim received in current year taxable under income from other sources or under the head agriculture income.

whether it is taxable income as per income tax pls provide under which section crop insurance claim received is taxable or exempt

Dear Sir,

I Have no Income Tax Software & one of client want to file manual return, so may i file print of utility as manual return ?

If yes, what abt acknowledgement ?

From where can i get acknowledgement ?

Please guide.

Thanks in advance.

I received left over arrears in ths fincial year .so.my income tax arrise .what I have to do for exemption on this arrears amount.

Dear experts what is section 87A and what are its benefits to a assee and for which asst.year the rebate can be entitled . please explain in a detail manner.

I am currently in the second year of my articleship.
Please give me some idea about what the recruiters look for within a candidate before giving industrial training..
Also, please tell whether there is any minimum marks requirement...

Thanks.

Can an intrest free loan can be taken from

spouse
son
father
mother
brother
please comment

As per requirement of company law, balance sheet must show the term loan in two parts:
1) Term loan portion which is repayable within next twelve months and
2) Term loan payable beyond 12 months

Now my query is
How to calculate the amount of loan repayable within next twelve months if I do not have loan repayment schedule with detailed interest calculation.

Some times loan installment is not fixed (specially in case of loan from nationalized banks), in that case how can I determine the amount which is due in next 12 months

Kindly resolve the query at the earliest.

is rebate U/s 87 A is eligible for HUF

what are the consequences if tds paid manually by a entity covered under the provisions of sec 44ab?