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Categories >> Accounting >> Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1900)
 Accounting General interview questions  Accounting General Interview Questions (2813)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4364)
Question
Is Late fee and service tax thereon LIC Premium is elgible 
for deduction u/s 80C ?
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
late fee not eligible for deduction u/s 80C but service tax
on lic premium is eligible for deduction
 
Is This Answer Correct ?    32 Yes 5 No
Akash Gurao
 
Answer
# 2
Only the premium amount and service tax on that only
eligible for 80C deduction. Late fee its a penalty which a
mistake is done by u, not eligible for deduction
 
Is This Answer Correct ?    21 Yes 0 No
Viswa
 
 
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
Why Govt. Have Need of WCT. Vijai-Electricals 2
wat is 80c Deductions?   7
what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF   6
what is the difference between tcs and tds explaine? Visa-Steel 1
Can we debit cess & H.cess From Basic Excise Duty   3
can anyone tell me rates of TDS for payment of contract, consultancy, advertizing, statioenry, salary, professional charges, technical fees, & honorarium for the financial year 2008-09   6
DEFINE 'SALES TAX, CORPORATE TAX, PROFESSIONAL TAX & INCOME TAX'? (please give accurate definitions dudes) Deloitte 3
What is Vendor Reconciliation and how is it done ?   7
IF I DIDNT FILL TDS RETURN I PAYING ALL TAX WHAT IS THE PROCEDURE   2
What is the Special provision for computing profits and gains of business of civil construction GET-Engineering-Construction 3
what are organisations pay tds? when?   1
what is tds and what is what is the current rate of tds on payment of contract and payment of professional charges   2
 
For more Taxation Interview Questions Click Here 
 
 
 
 
 


   
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