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I have invested term deposit of Rs.10,000/- this year with a scheduled commercial Bank for a period of 5 years. I understand that this amount is eligible for claiming deductions under Section 80 CCC. My employer says that this is not implemented so far. I want to know whether my contention is correct. If it is correct, please let me know from where I can gather the authenticated information and submit it to my employer. Thanks.

2006-12-12 23:50:24 · 5 answers · asked by Viyer 1

2006-12-12 23:34:32 · 7 answers · asked by KimpurushA 1

2006-12-12 21:56:03 · 9 answers · asked by Gaurang 1

can my brother deposit from global icici bank in englan to my account in india.

2006-12-12 14:45:18 · 3 answers · asked by Anonymous

I would like to know my company and my tax liability in india

2006-12-11 17:45:56 · 3 answers · asked by mans 2

2006-12-11 05:19:12 · 5 answers · asked by Anonymous

list any sources if u kno any not nythin hifi jus elementary stuff... like th advantages n disadvantages of payin income tax.. n hw many ppl in india actually pay their income tax regularly...etc...etc...need help asap...

2006-12-11 02:30:25 · 4 answers · asked by Lee 1

2006-12-10 22:37:19 · 2 answers · asked by vivek g 1

2006-12-10 19:37:47 · 4 answers · asked by Anonymous

I am doing a correspondence course from Indira Gandhi National Open University. It's a Masters Degree course. The fees for which is Rs 12500 per year which I have already paid. Can I deduct this amount from my taxable income according to current tax laws?

If not, then kindly explain which all expenses are applicable for deduction under "Tuition Fees"?

2006-12-10 19:07:27 · 7 answers · asked by girishjjain 2

Why don't he read the DECLARATION OF INDEPENDENCE AND CONSTITUTION OF THE USA? No tax on income ??? "WE THE PEOPLE.COM"

2006-12-10 06:48:30 · 4 answers · asked by Anonymous

1)Write a detailed note on set off and carry forward of losses ?

2) With reference to the Tax Audit requirement as per the provisions of section 44AB of the Income Tax Act , 1961 , discuss the provisions regarding :-

a) Compulsory maintenance of books of accounts
b) Tax payable on presumptive profits
c) Payments allowable on payments basis

2006-12-10 00:59:36 · 3 answers · asked by jena k 1

mr. dutta, a partner of xyz enterprise, has earned Rs.96000 as a salary, Rs.10,000 as commission and Rs.20,000 as a share of profit. the taxable income of mr dutta is ?

2006-12-09 23:15:27 · 5 answers · asked by Anonymous

TOI reported about a month back that the benefit under section 54 is being overused resulting in a lossof tax revenues to the Govt. It said that now the only way of saving the capital gains arising out of sales from your property is to invest in infrastructure bonds. Is this already a law or just a proposal ?

2006-12-09 14:21:48 · 5 answers · asked by Max 1

mr dutta a partner of xyz enterprise, has earned Rs.96000 as a salary, Rs10000 as commission and Rs20000 as a share of profit. the taxable income of mr dutta is....... ? following answer

a)Rs.96000
b)Rs.106000
c)Rs.726000
d)Rs.20000

2006-12-08 16:05:04 · 1 answers · asked by avijit 1

salary details:
PF--17000 per annum
HRA--50000 per annum
Drawing salary--27,000 per month

2006-12-07 03:12:21 · 5 answers · asked by ram m 1

I own a flat at Indirapuram, I tried to find out the property tax rate and the process to submit the property tax. Can anyone please help me out. Thanks in advance

2006-12-07 00:11:58 · 4 answers · asked by Vivek Gupta 2

2006-12-06 02:06:27 · 1 answers · asked by Jwalant 2

2006-12-05 20:28:33 · 3 answers · asked by mohan monu 1

I need to know that do i have to go to bangalore to do the transfer or i can go in SBI pune branch and do the formalities to transfer my account from bangalore to pune?

2006-12-05 18:23:32 · 2 answers · asked by Anonymous

2006-12-05 02:10:21 · 3 answers · asked by tkdeylic755 1

we want to know what is requred and from where to legalize business throughout india.

2006-12-03 21:42:58 · 1 answers · asked by Sunil P 1

Hi ,

If I buy a site in India, will I get any Tax benifit as we get when we buy house ?

TIA

2006-12-03 17:00:57 · 3 answers · asked by SVJ 2

One of my friend getting money transfer from ones' salary staying abroad. He gets transfer of about 15000 every month for his friend's house family and same time he withdraws and give it to friend's family. My friend is a salaried person and tax deducted from his salary as per rule, so shoud he pay tax for that transfer amount also while that income is not pertaining to his income?.Please advise.

2006-12-03 15:52:51 · 2 answers · asked by zulfiquar a 1

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