|
|
| *The Commerce Journal>>>India Taxes |
Company purchase capital assets in cash above 20000? |
subject to income tax section 40 ((a )3) the provision of above referred section not applicable in case of purchase of capital asset. No, Purchase of Capital Assets will not attack section 40A(3) not 40((a)3). Section 40A(3) will attck in any expenditure incured by cash etc. above 20000. |
| Tags |
| United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes India Taxes Germany Taxes Canada Taxes Australia Taxes Small Business |
| Related information |
He is asking for professional tax, not income tax. Following is the structure of Porf tax in the AP state: 1) Salary/wage upto Rs.1499 No Tax 2) salary from 1500 to 1999 Rs.16/ 3) &quo... check with labour department ...As on 1.4.2008 @8.5% compound interest on Rs.1.5 lakhs. @8.5% half yearly compounding interest it will be around Rs.2,63,197 total Rs. 4,13,197 @8.5% with yearly commpounding interest it wil... All the details are in the web site of customs. Please read Appendix-A. It will give you full information. ... You need to submit form 15G before the end of the financial year. 15H is for senior citizens. ...identical question is replied ,you can check the details from that and can ask more question free from the owner of the site and you can also check more details aout etds from this site ... I am not able to understand your question. ...There are some minor changes. The changes are given in the web site given below. ... |
Commerce Categories--Copyright/IP Policy--Contact Webmaster |