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Venu
I Paid my last year lic premium this year then how to show it in income tax calculations
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Apart from several other items provided under section 80C, a taxpayer can claim deduction under section 80C in respect of premium on life insurance policy paid by him/it during the year.
For more info contact at ca.roomi12@gmail.com or call at 9216216819.
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Preethi Mirgale
We purchased a property resell at 3250000 but increased the amount 3550000 in deed for registration what percent should we give to seller on Rs 300000
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Arihant Nahata
I paid 3 lakh rupees for my Daughter hospital charge, can I less it from my profit made during the year?
No, this is not business expenses . You cannot claim it. For more info contact at ca.roomi12@gmail.com or call at 9216216819.
T&C applyS
Samrath Saluja
I import some products under my proprietorship firm,but want to sell those products from another proprietorship firm of mine,whats the process to do that?
You can show it as sale/supply to your another proprietorship firm and then sale/supply from that unit to ultimate customers. For more information you can connect with us ca.pujasharma@outlook.com
T&C applyG
Gauraw Welling
How to register a business or license required for commission/brokerage bade business in Goa
A Commission Agent is required to obtain Compulsory Registration u/s 24(vii) of CGST Act, irrespective of its turnover. Thus, the threshold limit of Rs.20 lakh as enunciated in section 22(1) of CGST Act, does not apply to an Agent.
Contact at ca.roomi12@gmail.com for more detail.
