Forums

Doubt in medical expenses

Direct Taxation

answered on 07-May-20 17:19

When medical facility for non specified disease is taken in a approved hospital its fully taxable in salaries right ?

latest answer

Proviso to 17(2) For Non-specified diseases, Hospital maintained by employer, or reimbursement expense of employer for treatment in government hospital or hospital maintained by government are exempted

Sachin M

Sachin M

CA Inter

280

3

457

Section 112A

Direct Taxation

answered on 13-Mar-20 20:16

Can anyone explain sec 112A in short

latest answer

It's Gurukul Institute (Vijayawada) material bro

Deepika Manickam

Deepika Manickam

CA Inter

0

6

512

Profession set up in india

Direct Taxation

answered on 10-Mar-20 11:09

What exactly do u mean by profession set up in india ? Does it mean the profession institute is from india or the individual has set up his own practice/firm. For example :- does a CA is considered as profession set up in india or does the individual who is a CA have to set up a firm in india to qualify as "profession set up in india"

latest answer

Tq

Adithya V

Adithya V

CA Inter

75

2

526

Sec 115BBE

Direct Taxation

answered on 10-Mar-20 20:05

What is effective rate of tax unexplained income

latest answer

60

Dimple Keziya

Dimple Keziya

CA Inter

4K+

3

447

House property

Direct Taxation

answered on 08-Mar-20 14:59

Why there is a restriction on preconstruction period that is upto to the last 31 st march of construction completed period

latest answer

Say the house is completed in June 2020. So in P.Y 2020-21, the house is complete. We consider pre construction interest upto 31st march 2020. The current period interest is allowed as post construction interest.

Dimple Keziya

Dimple Keziya

CA Inter

4K+

1

443

Amendments

Direct Taxation

answered on 08-Mar-20 18:17

I've heard that, for Nov 2020 exam there should be 149 amendments in direct tax alone. Is this true?? If true, when those amendments will be incorporated in Nov 2020 DT course??

latest answer

Not yet released

Stalin V

Stalin V

CA Inter

0

4

468

House property

Direct Taxation

answered on 07-Mar-20 11:14

What is the main purpose to give house construction details

latest answer

To compute pre construction interest if any.

dayanand d

dayanand d

CA Inter

2K+

1

475

Recognized Provident Fund

Direct Taxation

answered on 15-Mar-20 20:19

1. What do you mean by recognized by Income Tax act ? 2. Sir in this example , the recognized fund will be different from company to company. So how did it form part as continuous period ?

latest answer

Statutory is maintained by government, recognised pf is maintained by the employer

Raviteja Kusumanchi

Raviteja Kusumanchi

CA Final

24K+

7

515

Illustration

Direct Taxation

answered on 13-Mar-20 18:58

Can anyone tell me the solution of question 4 of salary

latest answer

Please share the question and your working of the solution here and we shall go through & respond

sweta poddar

sweta poddar

CA Inter

5K+

3

503

AMT(Alternative Minimum Tax)

Direct Taxation

answered on 03-Mar-20 17:33

Sir, Please make a video on AMT shortly.. Thank you

latest answer

It will be done in a week's time.

Biswajit Pradhan

Biswajit Pradhan

CA Inter

820

1

518

Individual Modules Offer