Can declare a investment who has getting professional fees
This query is : Resolved
13 June 2016
Hello Friends,
Can we declare a investment under Income Tax who are getting professional fees on every month?. if "yes" kindly suggest how can we show and under which head.
If "NO" can you suggest me how can we avoid top pay the Tax amount.
Thanks
Chandru
Can we declare a investment under Income Tax who are getting professional fees on every month?. if "yes" kindly suggest how can we show and under which head.
If "NO" can you suggest me how can we avoid top pay the Tax amount.
Thanks
Chandru
13 June 2016
no, you cannot do that , only at the time or ITR filing you show in return as actual your investment for taking deduction u/s 80C
13 June 2016
Thank you for your answer sir.
can I show u/s 80c INR 1,50,000/- while filling the Income Tax return?.
can I show u/s 80c INR 1,50,000/- while filling the Income Tax return?.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
