Tax planning

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2012 Dear sir

CAn anybody tell me the area which can be useful to save tax of a salaried person which has been deducted by the employer and shown in the TDS Certificate (form 16)

Thanks

CA. Vikash Dwivedi

CA. Vikash Dwivedi (Expert)
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16 February 2012 submit meidical bills upto 15000.00 if you get medical allowance.submit Fares against LTA two times in 4 yrs. HRA.

Invest in Life insurance policy/ PF/ Pension/
Medicalim policy premium/ education loan/ Housing load principal repayment(if any)/ PPF
Maximum amount upto 100000.00

Invest in Infrastructure bond upto 20000.

Housing loan Intt upto 150000 if any