Development tax deduction

SIR, FORM 16 HAS A DEDUCTION AFTER GROSS SALARY i.e.(development tax less=2200)

(i) is it under section 10 deduction or should be less from GROSS SALARY?

(ii) if under section 10 deduction, should i choose "ANY OTHER" AND mention in Descripttion ( If Any Other selected)?

please guide me. 

 

Replies (7)

It is deductible u/s. 16(iii) of the act, from salary income.

THANKS SIR,yes

SIR, PRIVATE LIMITED COMPANY CREDITED PF IN S/A ...

1. IS IT INCOME OF ASSESSEE ?

2. CAN COMBINED WITH SALARY INCOME?

PLEASE GUIDE

1. Yes, but deductible u/s. 80C.

2. Yes, get form 16 and follow it.

sir,  pf amount ie. only 32000/-

can include with salary in section 17(1) ?

then deduct u/s 80c, he has limited salary, there is no form 16

 

Yes, can be done.

r/sir,   can we take boutique work under 44ADA, business code 16007-Fashion designing, >=50% PROFIT?

PLZ GUIDE...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
06 August 2026
Sr accounts executive, Asst Manager

JAMNA AUTO INDUSTRIES LTD

Jamshedpur

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details