15 May 2012
There are many was in which you can save tax in a Private Limited company. All those are by way of expenditures on which weighted deduction is available. Like e.g. section 35. There are various types of deductions available in this section. Further, apart from that, there is the option for Key-man insurance. Also if the company is going to start any project eligbile for 80IA / IB / ICA, then there is deduction from GTI.