Answer Posted / chandra.g

Under section 80C , 80CCC and 80CCD maximum limit is Rs.
1,00,000/-

Following are the example of 80C


1 )Payment of insurance premium of on the life of the
individual, the spouse or any child of
the individual.
2) Contribution made on any Provident Fund. This fund has to
be set up be Central govt and notified in official gazette
3) Subscription of security of the central govt or any such
deposit scheme as the Central Government may, by
notification in the Official Gazette,
4) Fees paid to university, college, school or other
educational institution. only for 2 children. Maximum Limit
1,00,000/- Please Note that aggregate amount of deduction
under section 80C , 80CCC and 80CCD shall not exceed Rs.
1,00,000/-
5)Any subscription made to any units of any Mutual Fund.
6)Any contribution made by an individual to any pension fund
set up by any Mutual Fund
7) Interest portion on Housing loan
8)Subscription to equity shares or debentures forming part
of any eligible issue of capital
9)Investment as a term deposit for a fixed period of not
less than five years with a scheduled bank. etc

What is FBT & Service Tax Remittances?

2214

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If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion

1867

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assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose

1605

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please provide to us the rules of wct in andhra pradesh (Hyderabad)

2187

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While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks

2486

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cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.

2072

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which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent

2443

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In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

1750

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Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?

1791

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if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)

2157

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Explain the procedure to calculate provident fund, esi, vat and sales tax.

1139

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Which is the section or rule for non submitting c forms panelty and interest

2004

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what is the exise limit in granite manufacturing

1941

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What is difference between Contract and legel and legel and profession service???? I had face this question in interview

2277

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Is Work Contract Tax expenses for a company?

1519

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