What are the new threshold limits put in the parliment
under New tax code recently for Men, Women and Senior
Citizens
PRESENTLY WE HAVE A TAX EXEMPTIONS FOR MEN IS 1,60,000 AND
WOMEN IS 1,90,000 AND FOR SENIOR CITIZENS 2,40,000. NOW IN
THE PARLIMENT THEY HAVE PASSED THE BILL TO INCREASE THE
EXEMPTIONS RATES FOR THEM. NEW TAX CODE RATES FOR MEN IS
2,00,000 AND FOR WOMEN 2,50,000 AND FOR SENIOR CITIZENS
TOO.THIS RATES WILL BE EFFECTED FROM NEXT ASSESSMENT YEAR
2011 -2012.
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what is the rate of TCS tax?
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0 Answers Saira Bath Concepts,
Hi May i know i 2 avoid Income Tax.I am getting 1,20,000PA and a house rent of 5000PM,and profit from Agriculture Income of 80,000.Is agriculture Income taken into consideration.If so how 2 calculate further & how much will b the Income TaxI will b getting.
Dear Sir, i am doing excise part, now I have a dout Please clarify any one. my question is I submitted July month return in before 10th August. But we sold material in july to x party excise value 12% - 1000, 2% - 20 and 1% - 10 Rupees respectively, we paid this amount in the same month it's no problem sir. but now x party reject the material and invoice in september month. may i adjuste above paid amount in september month return? How can i adjuste and where can i metione this details in Excise return? please give answer it's help full for me. Advance thanks for every one reply.
Which form we use for depositing Service Tax
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