Advise to save tax

Ameya Pawar (Contracts Manager) (32 Points)

24 April 2012  

Advise how can i save my clients balance tax.  Please advise further investmenets

 

Particulars Rs. Rs.
Income from Salary    
Salary                     472,596
     
Income from House Property    
Self Occupied    
Gross Annual Value Nil  
Less: Interest               77,318                    -77,318
Gross Toatl Income                     395,278
     
Deductions u/s Chapter VIA    
U/s 80C    
LIC Premium Paid               29,746  
Housing loan Principal             102,682  
Total             132,428  
Maximum Limit             100,000                   100,000
Net Taxable Income                     295,278
     
Tax on @ 2,95,278/-                          9,528
Add: Education Cess @ 3%                             286
                           9,814
TDS amount yearly                          9,814
TDS amount monthly                             818