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Deduction u/s 80 D

Direct Taxation

answered on 08-Feb-21 10:06

Waht is the difference between payment towards mesicul insurance premium and Contribution to health scheme notified

latest answer

Contribution made underCGST(Central Govt. Health Scheme) and ECHS (Ex-Servicemen Contributory Health Scheme) is allowed under under Section 80D of Income Tax Act. Central Government Health Scheme. ... CGHS is a special health scheme for the government employees. The medical facilities are provided through Wellness Centres (previously referred to as CGHS Dispensaries) / polyclinics under Allopathic, Ayurveda, Yoga, Unani, Sidha and Homeopathic systems of medicines. Contribution made under ECHS (Ex-Servicemen Contributory Health Scheme) is allowed under under Section 80D of Income Tax Act. A deduction of Rs. 25,000 can be claimed for insurance of self, spouse and dependent children.

Sai Kiran

Sai Kiran

CA Inter

4K+

1

724

Regarding itc

Indirect Taxation

answered on 03-Mar-21 15:46

Sir/madam In gst a purchase of car input can we claim as input if we r doing a proprietory business is it possible to take input (Not doing car business)

latest answer

Even if it is on company name and for business purpose still credit cannot be claimed

kalai vani

kalai vani

CA Final

1K+

4

682

Supply

Indirect Taxation

answered on 08-Feb-21 10:22

To fall under the definition of supply, is it necessary to get registration for both head office and brach office separately when they are transferring stock from head office to main branch?

latest answer

Yes. If the branch is a distinct person, it has to be registered and then transactions between two distinct person, though same legal entity shall be considered as supply

Anusha narayana

Anusha narayana

CA Inter

2K+

1

680

Articles registration fees

Others

answered on 08-Feb-21 21:16

Wt is fees for articleship registration?? When should I register for final and wt is the fees?? (I had completed my G1 and wrote my G2 in jan)

latest answer

Articleship registration fees is payable at the time of registration for articlehship. You can register for Final after clearing both groups.

harshnee kamaraj

harshnee kamaraj

CA Final

5

1

578

Law notes

Corporate & Other Laws

answered on 08-Feb-21 14:40

When will be the updated notes of law for may 21 available in our app

latest answer

It will be updated by this month end!

UTKARSH RAI

UTKARSH RAI

CA Inter

730

1

839

GST notes

Indirect Taxation

answered on 11-Feb-21 15:07

When will be the notes for GST and direct tax will be updated on our website ?

latest answer

existing free course notes already have amendments

UTKARSH RAI

UTKARSH RAI

CA Inter

730

8

655

Query

Others

answered on 07-Feb-21 07:44

When to solve rtp n practice manual? Bduring study or after study

latest answer

Thank you sir

Reetikaa R

Reetikaa R

CA Final

7K+

2

652

Cab service under RCM

Indirect Taxation

answered on 08-Feb-21 10:31

In case of cab services to private limited company (rate 5 % of GST ) that recipient (private limited company) pay GST to government...if supplier also a registered person then how supplier knows GST is paid or not ?? Or how supplier indicate that GST is paid in GST portal..

latest answer

In GST 1, supplier shows under the column outward supplies liable to RCM.

Suryakanthi Sornalatha T

Suryakanthi Sornalatha T

CA Inter

5K+

1

760

Appointment

Corporate & Other Laws

answered on 06-Feb-21 11:25

Its mandatory to appoint managing director to the company or its optional?

latest answer

Ok Mam

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

3

637

Financials Preparation

Accountancy

answered on 07-Feb-21 10:11

Preparing financials of a company , with the help of AS 7 , contracting business , as per GST provision 2 % GST - TDS applicable on reciving payments from Govt .Departments , but the assessee not any documents regarding the same & its not identified from GST returns , how adjust the amount while preparing financials ?

latest answer

Ok

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

7

614