Deductible expense?

TVpranav (accountant) (42 Points)

22 August 2016  

Are the following payment, deductible expense under Income tax Act?

1. Income tax paid for previous years

2. Advance tax

3. Other Statutory payments like VAT, Excise Duty, Service tax etc

4. Dividend

5. Dividend Distribution tax

6. Employee Contribution to EpF, ESI

7. TDS

Please help me...I know its a silly question but i want to make myself clear..