Tax Filing
Excellent commerce point > Tax Filing
Deductions, Rebate and Reliefs
13
Oct
1
Deductions, Rebate and Reliefs Question 1.Write short flotes on deduction under Section TTA in respect of interest from banks. (June 2014, 4 marks)Answer:80TTAIndividual/HUF – Eligible AssesseeInterest on savings account with a Scheduled Bank, or a Co-operative Bank or Post Office Upto ₹ 10,000.Section – 80 TTB(Deduction in respect of Interest on Deposits in case of Senior […]
Advance Tax, TDS and TCS
17
Jun
Advance Tax, TDS and TCS Question 1.Answer the following with reference to the provisions of the Income-tax Act, 1961 for the assessment year 2021-22:When will tax not required to be deducted at source on interest payable to a resident on any bond or security issued by a company though the aggregate amount of interest exceeds […]
Tags:
Advance Tax ,
CA Foundation Taxation ,
cma foundation ,
Direct Tax ,
Income Tax ,
Income Tax Act ,
Tax Collected at Source ,
Tax Compliance ,
Tax Deducted at Source ,
Tax Filing ,
TCS ,
TCS Rules ,
TDS ,
TDS Rates ,