Webthe fiscal year under section 47114(c)(1) of this title to pay project costs allowable under sub-section (a); (2) on approval of the Secretary, not more than $200,000 of the amount that may be dis-tributed for the fiscal year from the discre-tionary fund established under section 47115 of this title— (A) to a sponsor of a nonprimary commer- WebOct 30, 2024 · Under section 80C, premiums that you pay towards a life insurance policy qualify for a deduction up to ₹1.5 lakh, while Section 10 (10D) makes income on maturity tax-free if the premium is not more than 10% of the sum assured or the sum assured is at least 10 times the premium.
The 16 Sections of Safety Data Sheets [SDS] Explained
WebQuestion: Under which section of a statement of cash flows would the proceeds received from the sale of long-term depreciable assets most likely appear? Select one: A. Operating cash flows B. Investing cash flows C. Long-term assets D. Financing cash flows Answer: The proceeds (cash received) should be reported under investing activities as a cash inflow on … Web2 days ago · 1. Presumptive taxation regime of Section 44AD of the Act. The objective of section 44AD of the Act is to provide a presumptive income scheme for small taxpayers to lower compliance costs for them and to reduce the administrative burden on the tax machinery. In the case of an “eligible assessee” engaged in an “eligible business”, the ... fwch42800hmb
Giving False Information or Return - Section 41 under Legal …
WebFeb 9, 2024 · For an individual or Hindu Undivided Family (HUF), the amount that goes towards the repayment of the principal on a Home Loan is eligible for a deduction under … WebAug 3, 2024 · Tax Exemptions Under Section 10(10D) of the Income Tax Act. All payouts and bonuses that you or your nominees receive are tax-free under Section 10(10D) of the Income Tax Act. But, there are certain conditions for this deduction. Firstly, the premiums paid should be less than 10% of the payout amount received. It’s important to note that 1% … fwc ghost orchid