A persons salary 1 lac per month .How i can save the tax to
company & persong giving by breaking of salary during year
2008-09 when FBt is applicable ?



A persons salary 1 lac per month .How i can save the tax to company & persong giving by breaki..

Answer / p.sheshu kumar

salary month 100000 x 12 =1200000

lic and ohter bonds can save tax 100000

housing loan repayment u/s.24 can save t ax amount

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Accounting General Interview Questions

What is the difference between the accrual accounting and cash accounting?

1 Answers  


Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

1 Answers  


what is the right process for input credit of Service tax. and on which service i can take credit.

1 Answers  


Apportionment of expenses

1 Answers  


LIQUIDITY

1 Answers   Bank Of America,


you have get 100RS but no 10RS note is required & there should be only 10 notes

2 Answers  


What qualities have you got that would make you a good accountant?

0 Answers  


difition of reserve & surplus

1 Answers  


Dear sir we are running a export enterprises and we are marchent and exporter we purchaige the goods from mahahrashtra /gujrat and many indian stats our iec cod is issue from varanasi and our firam is registerd from azamgarh utter pardesh kindly advise me can i purchige the goods from gujrat and send direct to port or shude we inter the goods in utter pardesh then we sent to port i m asking this question because our salse department is not issue form H kindly give me advise i m waiting for your for reply thanks and regards e mail id: burque786azm@yahoo.com javed

1 Answers  


in year end Balance sheet current liabilities is showing negative balance of re.-1/- how to write off the negative figure? pls help..

1 Answers  


how in the big companies the budget are prepared and controlled?

1 Answers   HCL,


purchase plant and machinery

1 Answers  


Categories