Sentences with phrase «as a deduction from»

The theology of hope is of great importance and is related to the kingdom as a deduction from it.

The conclusion that they must be analogous follows not from their evident similarity, but as a deduction from the metaphysics of materialist physicalism, with its «Democritean doctrine of mereological supervenience, or microdeterminism» (SM 96), according to which all the features of all wholes are ontologically reducible to the most elementary constituents of nature, This metaphysics, according to which these elementary constituents are devoid of experience and thereby of internal relations, does not allow for the evolutionary emergence of higher - level actualities with genuine causal powers of their own.

But we can go a step farther as a deduction from what we know of the present life.

The annual fee is charged against your account as a deduction from your sales.

Deductions for a donation towards social causes (Section 80G): There are various options under section 80G that qualify as deductions from taxable income up to a complete 100 % or 50 %.

Investments in such new assets should be treated as a deduction from equity.

It means that they are reporting the debt as a loss on their income taxes so that they may claim it as a deduction from their income.

Can anyone comment on whether this is a reasonable interpretation of the meaning of «alimony,» and / or explain how the IRS might view it if the alimony - paying spouse submitted a tax return as «Married Filing Singly» reporting the alimony paid as a deduction from taxable income?

The non - taxable amount (15 % or 50 %) is claimed as a deduction from net income in calculating taxable income.

Please note that the final dividend of last year is presented as a deduction from the retained earnings of 2012 as it was declared in that period.

Amortization is shown as deduction from intangible asset like depreciation is shown as deduction from tangible asset.

One thing you may not consider (I certainly didn't) is that if you end up paying much less interest, you may also not be able to write that off as a deduction from earned income, and will end up having to pay even more income tax on your regular (non lottery) income as well.

Premium paid on health insurance policies is allowed as deduction from your total income, according to Section 80D of the Income Tax Act.

Annual Premium paid during the financial year towards a life insurance policy is allowed as deduction from the total income, subject to a maximum amount of INR1, 50,000.

Health insurance premiums have been rising every year and many employers are asking their employees to pay an increasing percent of their health premium as a deduction from their paycheck.

Tax benefit available only for premium paid for specified persons Under Section 80C of the Income Tax Act, any amount paid by a policyholder towards life insurance premium for self, spouse or his / her children can be claimed as deduction from taxable income.

This premium of Rs. 7,000 can be treated as a deduction from the taxable income.

Interest on loan against insurance is allowed as a deduction from income chargeable under the head «income from house property».

The amount of Rs. 15000 that you pay towards premiums will be treated as a deduction from your taxable income, while the sum assured will be a totally tax - free income.

Under this policy premiums paid up to Rs. 1,00,000 are allowed as deduction from the taxable income every year under section 80C.

In addition to the life cover, the premium paid towards term insurance can be claimed as a deduction from your taxable income.

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Benefit is tax fee under section 10 (10) D subject to fulfilment of terms and conditions.

Income Tax Benefit — Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C.

Health Insurance premiums paid up to Rs 20,000 for senior citizens are allowed as a deduction from the taxable income each year under section 80D of the Income Tax Act.

In case of individuals the premiums paid up to Rs. 15000 towards Health Insurance will be exempted from taxable income and Rs 20,000 for senior citizens is allowed as a deduction from the taxable income each year under section 80D of the Income Tax Act.

- Life Insurance premiums paid up to Rs. 1,50,000 are allowed as a deduction from the taxable income each year under section 80C

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Benefit is tax free under section 10 (10) D subject to fulfilment of terms and conditions.

Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C.

Tax benefit amount: Life Insurance premiums paid up to Rs. 1,50,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D subject to fulfillment of terms and conditions.

Any payment made towards such a policy is allowed as a deduction from the total taxable income subject to a maximum of Rs. 1.5 lakh.

Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D subject to fulfilment of terms and conditions.

Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D.

The premium paid is allowed as deduction from taxable income under Section 80C of the IT Act.

4) Income tax benefits: Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C of income tax act and the maturity amounts are tax free under section 10 (10) D subject to fulfillment of terms and conditions.

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and 1 / 3rd of the Maturity proceeds are tax free under section 10 (10) A subject to fulfilment of terms and conditions

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D subject to fulfilment of terms and conditions.

Income tax benefit: Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C of income tax act and the maturity amounts are tax free under section 10 (10) D subject to fulfillment of terms and conditions.

With a deduction you don't get the $ 10K back, you get to take it as a deduction from your taxable income.

Not exact matches

With the doubling of the standard deduction, Americans will largely move away from itemizing their deductions, and as a result, charities fear that taxpayers will also lose their incentive to give.

In August, the Supreme Court of Canada ruled that taxpayers who devote a «significant emphasis» to farming activity that is subordinate to their primary source of income are no longer limited to the $ 8,750 deduction limit under Section 31 of the Income Tax Act for losses from business ventures such as thoroughbreds.

U.S. tax reform discrete impacts On December 22, 2017, the United States enacted tax reform legislation that included a broad range of business tax provisions, including but not limited to a reduction in the U.S. federal tax rate from 35 % to 21 % as well as provisions that limit or eliminate various deductions or credits.

With a CLT, the proceeds from the sale are placed into an irrevocable trust that creates a steady income stream to a designated nonprofit, as well as a significant tax deduction for you.

To either limit what you owe or maximize your refund from Uncle Sam, determine the deductions you may be eligible for as a business owner.

If various personal deductions were eliminated as the plan proposes, it could still leave a $ 2.2 trillion addition to the deficit over 10 years, according to the analysis from the Committee for a Responsible Federal Budget.

If you donate to different charitable organizations and groups, or even pay dues for professional organizations, which can range from animal rights groups to dues paid for for realtors and even CPAs, you might be able to take that contribution, or a portion of it, as a tax deduction.

This would include deductions for state and local tax payments, a change that could alienate support from lawmakers in states such as California and New York with higher state taxes.

As the details of this plan become known, and as the political response builds from people who fear their taxes will be raised, and as they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business - interest expenses), this plan will become an enormous liabilitAs the details of this plan become known, and as the political response builds from people who fear their taxes will be raised, and as they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business - interest expenses), this plan will become an enormous liabilitas the political response builds from people who fear their taxes will be raised, and as they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business - interest expenses), this plan will become an enormous liabilitas they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business - interest expenses), this plan will become an enormous liability.

The bill would cut the corporate income tax rate to 21 percent from 35 percent and create a 20 percent income tax deduction for owners of «pass - through» businesses, such as partnerships and sole proprietorships.

The bill would cut the corporate income tax rate to 21 percent from 35 percent and create a 20 - percent income tax deduction for owners of «pass - through» businesses, such as partnerships and sole proprietorships.

Republican lawmakers from high - tax states such as New York exited meetings this week with Kevin Brady, chairman of the tax - writing committee of the House of Representatives, saying there would be some sort of compromise on repealing the deduction for state and local tax payments.