What are the different tax deductions and the limits?
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What are the different tax deductions and the limits?
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Rambhia sir there is no place for Profession tax [ rs 2500 per annum] in deduction ??
| 16(iii) | Employment tax | |
That is for Salaried people. profession tax paid by CA. Lawyers, Doctors , Engineers etc.
That is not deduction, but allowed as expenditure in P&L acc.
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