What are the different tax deductions and the limits?
What are the different tax deductions and the limits?
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3292 Points)
25 August 2018
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183048 Points)
Replied 25 August 2018
SHIRISH S S
(Proprietor)
(1031 Points)
Replied 25 August 2018
Rambhia sir there is no place for Profession tax [ rs 2500 per annum] in deduction ??
SHIRISH S S
(Proprietor)
(1031 Points)
Replied 25 August 2018
That is for Salaried people. profession tax paid by CA. Lawyers, Doctors , Engineers etc.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183048 Points)
Replied 25 August 2018
That is not deduction, but allowed as expenditure in P&L acc.
Recent Topics
- SECTION 148 PROCEEDING
- GST AUDIT 01 - NOTICE
- Capital gain purchase date
- Transmission of deceased's shares in physical form
- Income tax notice but unable to file updated retur
- Income tax depreciation deductions
- GST Notice (Under Section 73)
- Asset Declaration in ITR2 for flat purchased in jo
- Active pan but invalid
- SECTION 128A For those who filed appeal and order
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
