What are the different tax deductions and the limits?
What are the different tax deductions and the limits?
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
25 August 2018
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
25 August 2018What are the different tax deductions and the limits?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168968 Points)
Replied 25 August 2018
SHIRISH S S
(Proprietor)
(1030 Points)
Replied 25 August 2018
Rambhia sir there is no place for Profession tax [ rs 2500 per annum] in deduction ??
SHIRISH S S
(Proprietor)
(1030 Points)
Replied 25 August 2018
That is for Salaried people. profession tax paid by CA. Lawyers, Doctors , Engineers etc.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168968 Points)
Replied 25 August 2018
That is not deduction, but allowed as expenditure in P&L acc.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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