I run a small business in India and there are many expenses that are paid in cash but we do not get a receipt for it. When i report my income tax returns, can i include these expenses.
these miscellaneous expenses are max 15000 per month.
As per my understanding of Income Tax Rules, EPF withdrawals after 5 years of continued service with an employer are exempt from Income Tax. So in what section of the Income Tax form do you report the amount received.
What can be done if he is out of station and cannot report in November? Can he ger extension os say two months if he sends request to the bank?
i make a project report on recruitment and selection in max life insurance i searched in google but dont find please give me another search engine or site or link please help me thankz in advance
Hi , Would anyone know if the tax on an apartment unit (flat) construction is only on the labour part of the cost of construction and not the material. I see articles on the internet stating that only 1/3 of the construction cost should be subject to service tax but I am not entirely sure of this. So at the rate of 10.3% on a property of 20 lakh rupees, it should be 2000000 x (10.3 / 100) x 1/3 = 69000 rupees approximately.
Is this correct?