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 National Insurance Card?
What do you do if you loose it?...


 How can I turn someone in to the IRS for not taking taxes out on an employee?
My best friend is working in a sawmill and they are not taking taxes out on her and I think it is bullS**t. How can I turn them in for this???...


 Is it possible for a greater tax refund (due to credits) then the amount that was actually taken?
By taking the following credits:

Credit for Child Care Expense
Child Tax Credit
Earned Income Credit
Additional Child Tax Credit

while claiming Head of Household, ...


 Can a person thats certified as having multiple personalities...?
Can a person that's certified as having multiple personalities file an Income Tax exemption for each personality?...


 Best way to get out of trouble with the IRS, if you owe back taxes.?
...


 What are the advantages and disadvantages of getting your taxes done at H & R Block?
I see a lot of commercials on television about H & R Block about getting your taxes done there. Although I have heard that H & R Block has a good reputation of doing your taxes and getting ...


 I am starting a job as a salesman, and the employer sent me a non official 1099 form. Is this standard?
I just got a document set up on MS word, not a W2 type of form. I've never filled out a 1099 type of form, just making sure this is OK....


 IRS Tax Question?
Was having a discussion with my wife. Are you more or less likely to be audited by the IRS when you have a tax service do your taxes.Like H&R Block, liberty etc. Thanks....


 I am a student can i get pan card and can i open demat account?
wether it is possible for a student (above 18) to open demat account and enter in share ...


 What happens if two people file for the same person?
my dad files income tax with me as a dependent but now im 19 years old and i think i have to file for myself. do i?...


 Who here believes that Income Tax is required by law and exactly what laws are there to this effect?
I do mean to refer to Federal Income Tax. Re: IRS. Since we are creeping up on that time of the year. I just wanted to see who was still under the presumption... and who has since dispelled the ...


 If my parents claim me on taxes, does that hurt my refund?
I don't live w/ my parents anymore but I did for 9 months of last year. My mom wants to claim me (like she has every year before I've moved out). Does having my parents claim me on their ...


 How can u know if somebody already got their income tax??
ok here's the story we found out that my dad has another family and he has me n my 3 sister under the income tax so he gets money from us but he never gives us a penny of it, my mom n dad are ...


 CAN I CLAIM MYSELF as dependent?
...


 Does turbotax work well?
I have seen all of those commercials on TV and was thinking of using it in the future. Is it easy use? Is it worth it? Let me know what you think. Thanks!
Additional Details
thank ...


 I won 500,000 GBP in google anniversary gift what do you think ?
my dear friends i receive a mail from infolotto@gmail.com it say's i won a google anniversary gift prize 500,000 British pounds is this true ? is there any google anniversary? and one more thing ...


 Who pays for other peoples sick pay, maternity pay, jobseekers allowance etc?
I was just wondering, who pays for these things? My friend has been laid off from work and is on job seekers allowance (dole) and my other friend commented about it saying 'all us working people ...


 How does a person have a business and not be found or made to pay taxes?
my ex husband has a business that is not files with the state, but operates like a ligitiment business. He does not pay taxes. Is there a legal way to make him pay his taxes?...


 If I make around 2200 dollars a month after taxes, What would be a reasonable amount to spend on rent?
...


 When do you start getting your W2 forms?
...



K N Swamy
India-Incom tax-What is the period for incom tax calculation? Is it March(yy) to Feb(yy+1)?
What is the period for income-tax calculation in India? Is it same as the financial year or different? Is this period 'from March of previous year to Feb of present year? or from April to March as the financial year. They are asking to pay tax before March 15.
If I take an LIC policy (with tax benefit) in the month of March 2008, should be considered in this financial year (2007-08) or the next financial year (2008-09)?
Additional Details
I know clearly about financial year. What want to know the period for Income-tax calculation. In which finacial year, is an LIC policy premium taken in the month of March 2008 considered for? 2007-08 or 2008-09?
                     
 




adi
Apr-March is the financial year..
if you take a policy in march 2008, it will be used in calculating returns for 2007-08.


leo r
2007April-2008March


Rajender S
Rating
as per income income tax it calculate the financial year(2008-09)


N.J.Reddy
Rating
The period for Calculation of Income Tax is 1st April to 31st March.

The period from 1.4.2007 to 31.3.2008 is called as Financial Year (FY) 2007-08. The FY:2007-08 is called as Assessment year (AY) 2008-09. The relevant previous year for AY 2008-09 is financial year 2007-08. That is our accounts for the financial year 2007-08 will be filed by us in the next year called as AY 2008-09. The income tax authorities always consider AY. We consider FY.

Pay before March 15th means, that is the last date for payment of final advance tax without interest. Even you can pay it after words, but with interest @12% pa. All the payments made to LIC or any other before March 31st will be taken for the FY:2007-08 and you can claim its deductions for FY:2007-08 (That is A.Y:2008-09)


CaptAnil
Rating
1st April till 31st March is a Financial year in India !
The premium paid month is used for financial year. So March 2008 willl be the year ending on 31st March 2008


heerpooja
Rating
Period starts from Apr-March.
ur income tax calculation is for April 2007 to March 2008
Ur policy of lic belongs to Asstt. Year 2008-2009.


bharat sHAH
Rating
FINANCIAL YEAR IN INDIA IS APR TO MAR


Search009.com
Only Advance Tax needs to be paid by Mar 15.
Assesment year is from 1 Apr. to 31 March.

LIC will be considered for 2007-08.


sunlightsublime
the previous year and assessment year are april to march in respect of income tax. so premium paid on LIC policies from April to March are computed for income tax deduction. the accountingyearof LIC is irrelevant for the purpose.


ishupreet S
march15


deep
any policy of period 2007 march per year 10000/-rs pay validity of 20years


Warans
Rating
Want to know whether the salary calculation for tax is from March to February or from April to March


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