Answers were Sorted based on User's Feedback
Answer / srinu
|Is This Answer Correct ?||79 Yes||17 No|
Answer / jkulothunganchola
|Is This Answer Correct ?||64 Yes||9 No|
The following are the deductions from the Salary:
Last Year Standard deduction is their (At present there is
no standard deduction - removed Asst.Year 2007-08)
Entertainment Allowance as deduction u/s.16(ii)
Profession Tax allowed as a deduction u/s.16(iii)
|Is This Answer Correct ?||77 Yes||24 No|
Answer / naveen
Any othe Deductions
|Is This Answer Correct ?||86 Yes||40 No|
Answer / manoj sharma
authorised deduction from salary is Provident fund @ 12%
from employee and Incom Tax if aplicable.
|Is This Answer Correct ?||51 Yes||10 No|
Answer / sidharth shahi
The deduction are:
6). Income Tax
|Is This Answer Correct ?||64 Yes||25 No|
Answer / t.t.abhishek9
HOUSE RENT ALLOWANCE
CONVEYANCE MAXMIUM AMOUNT 800/-
MEDIICAL ALLOWANCE UPTO 15000/-
|Is This Answer Correct ?||52 Yes||16 No|
Answer / venkatesh
1)Any advance Salary
2)T D S
3)if comes under any other deduction i.e 80c To 80u
|Is This Answer Correct ?||35 Yes||13 No|
Answer / mohan
|Is This Answer Correct ?||30 Yes||8 No|
Answer / manoj sarswat
The deduction from salary is Provident Fund @ 12%, Medical
Insurance Coverage Premium, Professional Tax, Group
Insurance Charges/ Income tax as per aplicability.
|Is This Answer Correct ?||27 Yes||6 No|
How to Claim Cenvat Credit.
A person buys and sells a number of vehicles in a tax year and makes a significant amount of profit in the process. Will such profit be taxable as capital gain?
What is the Special provision for computing profits and gains of business of civil construction
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
what is the mean of payment of contract,subcontract and professional charges
Who is an assessee?
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
How do I get a C form with the bank Guarantee?
what is the significance of business taxation in private company?
what is use of form D, F, G, H, in Mvat
should we can take modvat benefit any time or they have some limit time to take input benefit claim?
Can we get benefit of TDS deducted in FY 2005-06 and I have received Form 16A from Payee in FY 2008-09 i.e after 3yrs.