Please clarify whether amount received under LIC's Jeevan Arogya Policy is taxable. In this case, amount received is Rs.600,000; premium paid for 2 years is Rs.30,000; actual hospital expenditure is only Rs.85000.
I'm afraid, this query is NOT resolved. While I am quite aware that premium paid is deductible u/s 80D, my query is about taxability of amount RECEIVED under the policy.
Please clarify

Dear All ,


We have purchases a new computer software for accounting work and software Valve Rs. 25000.

pls advise these expenditure deductible under revenue exp. or capital exp. and claim depreciation . and which rate ?
pls also mention Section.

Thanks

Hi,

I aquired a commercial property by taking a loan against property (LAP) on my residential house. I want to claim income tax rebate on the principle and interest of this LAP. Is this allowed and if yes then to what extent?
Note: I have rented the commercial property.

Sir
One of my client is going to sell his Long term Capital asset , a flat, which will earn him a LTCG of Rs 10 Laks.Now for availing the exemption should he invest in Rs 10 Lakhs in new residetial Building or the full amount of sale consideration
Please clarify
Rgds

There is doubt regarding Dep.

Please Tell me the exact Dep. figure from following.

WDV of Vehicle as on 1.4.12 is Rs. 178721

Addition after September is Rs. 405610

Sales - Rs. 240000

What Would be Dep Amount Rs. 21229.00 or 25825.00 ?

is it AMT applicable salary person

Can any one please provide me the study material for cs online computer test.

how to view,details of filing of returns in mca site by an exhisiting company.

one person doing job in gulf and he came in india in Fin.Yeay 2011-2012 48 Days & Fin Year 2012-2013 48 days. What is the status in this case

resident or non-resident

Please clarify me is there any time limit for claiming vat input against output vat payable.If there is any limit please mention it and whether it varies from state to state.It it is vat are provisions in andhra pradesh regarding time limit for claiming vat input.
Thanks in advance
Regards,
Shivateja