Deduction from gross total income (querry releted to section 80c)
This query is : Resolved
19 January 2015
Question: if any person takes a life policy before the 1/04/2012 nd so he can take deduction upto rupees 20% of premium paid weather he paid 20% or excess the 20% but if he paid excess the 20% in any year then payment received at a time of maturity will be taxable or not??
19 January 2015
Question:if any person opened a five year post office a/c on 1/07/2013 (py13/14) nd intrest rate suppose 10%p.a. So in this case, intrest deduction will be allowed or not in first year of deposit ?(for the period july to march)
20 January 2015
when you get the amount from the insurance company the tds will dedcutable u./s 194DA @ 2%. if your premium amount more than 20% .
20 January 2015
intt on fdr will be taxable there is no exemption from tax
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- Capital Gain on EUITY Shares
- Scrutiny assessments u/s 143(2) for AY 25-26
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
