Service Tax on LIc Premium u/s 80 C or 80D
This query is : Resolved
10 January 2011
1) whether Service Tax Paid on LIC Premium & Medclaim Premium applicable for deduction u/s 80C & 80D or not pls explain
2) Medical Bills amounting to Rs.15000/- pertaining to last F.Y 2009-10 whether claimed deduction for current F.Y i.e 2010-11 for Income Tax purpose.pls explain
2) Medical Bills amounting to Rs.15000/- pertaining to last F.Y 2009-10 whether claimed deduction for current F.Y i.e 2010-11 for Income Tax purpose.pls explain
11 January 2011
1.Yes service tax portion will also be allowed as 80C uses the words "Any sum paid..." and the wording is not any premium paid.
2. No bills should be for the current FY.
2. No bills should be for the current FY.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
