Taxation of innn
MPR Sanjay Kumar (3113 Points)
30 October 2021
my honourable persons,in income tax what to do the expenses???
MPR Sanjay Kumar (3113 Points)
30 October 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 30 October 2021
Purchase taxes is set off against sales tax during filing. I am not an expert in filings.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 31 October 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(4812 Points)
Replied 02 November 2021
For individual wage-earners, the most commonly-used deductibles are mortgage interest payments, state and local tax payments, and charitable deductions. There is a deduction for out-of-pocket medical costs, but only for costs that exceed 7.5% of the taxpayer's adjusted gross income.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 03 November 2021
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
