how to reduce income tax
This query is : Resolved
22 June 2010
dear sir,
i'm running the club of snooker. i have paid my income tax for the year 2009-10. with income of 1,85,000/- in it files. in this year i want to show my income up to 2,10,000/- but i have no investment in this current year. i have medical bills of my 2 daughters of illness. is their any clause to get rebate in income tax. pl. advice me how to reduce my tax liability in this year
i'm running the club of snooker. i have paid my income tax for the year 2009-10. with income of 1,85,000/- in it files. in this year i want to show my income up to 2,10,000/- but i have no investment in this current year. i have medical bills of my 2 daughters of illness. is their any clause to get rebate in income tax. pl. advice me how to reduce my tax liability in this year
22 June 2010
three are 2 ways either reduce your income or show excess expenses. you can save taxes by claiming exemption of depreciation on cpaital asset, rent of property, office expense, mobile bills etc
22 June 2010
i doint think you can claim expense of your daughters medical bills
22 June 2010
i doint think you can claim expense of your daughters medical bills
22 June 2010
though you can not claim the daughters medical expense
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