Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

ways I can save tax

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ways I can save tax
Query (Issue) Started By: - Sandesh Ugale Dated:- 3-3-2016 Last Reply Date:- 3-3-2016 Income Tax
Got 1 Reply
Income Tax
Im writing this information on behalf of my fat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... her because like to know ways I can save his tax. Facts and figure: He is government employee. Annul income: 10 Lakh Retirement: 2017 Loan: 2 loans Home: no Land: yes Investment: NO LIC: yes .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Medi-claim: NO Reply By Ganeshan Kalyani: The Reply: You have said 'Home - No' which implies that Loan as cited is a personal loan. Hence no deduction. You have not mentioned the Lic premium amount. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... This is eligible for deducted u/s 80C. Further PF is deducted by your father employer is also deductible, Further there are so many avenue to make investment to save tax. For eg LIC, PPF, NSC, NPS, B .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... onds, Mediclaims etc.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates