I have received a compensation of Rs.3,14,402/- from National Insurance co. against a accident compensation. The said amount includes Rs. 1,59,819/-as interest (on which ITDS of Rs. 15,982/- has been deducted). The above compensation relates to permanent disablement. Whether the above amount is taxable ? And where to show the above in ITR 4 for AY 2015-16 ?

Mr X maintans books on cash basis. He earns professional income. He wants to make a payment amounting to Rs. 120000 in the year to a single party as professional charges in relation to his own business. Can Mr X get away without deducting TDS just because he is maintaining books on cash basis ? If not, there any other alternative way for him to get this expense allowed without deducting TDS?

SIR / Madam, pls adv, do i hv to show HRA & Medial reimbursement amt in 24Q (as sly to employee) but i cant find allowances clumn and HRA deduction clumn in 24Q

or do i hv to show nett nett TAXABLE amt in 24q (after deducting HRA / Medical / PT) amt in 24Q

Kindly revert.

Thanks in adv for attaining my query.

Deepak Narwani

if a company bill of Rs.33205, on that amount service amount is Rs. 2900/- & service tax amount is Rs.4205. In that case Rs. 30,000/- clause applicable or not

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Hi,

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