Poonawalla fincorps
Poonawalla fincorps

Saving amount for income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 March 2014 dear sir

i have two quires about income tax

1) how many amount savaging show in income tax return how is max limited
2)how many monthly rant show in income tax return



03 March 2014 1. Limit u/s 80C is Rs. 1 lakh.
2. Limit u/s 80D is 15,000 (25,000 for senior citizen)
3. Limit u/s 80TTA is Rs. 10,000



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