income tax query

Hi Sathish

The maximum investment that can avail to IT deduction is Rs 1,00,000/-. I would suggest spread the  same  between NSC, PPF, Post office TD etc. 

Regards

Sahana Murthy

Hi Satish ,

here i understood your problem ,

The maximum investment that can avail to IT deduction based on your salary... Set up a salary tax reduction plan. Under such a plan the employer arranges to set aside a mandatory portion of the employees' salaries. This money is then used to reimburse the employees for any employee incurred business expenses. .

 You can participate several Tax Reduction plans 

  For    Example: Tax-exempt Investment,

  Salary Earners and HRA,

  Joint Ownership of a Residential House,

  Concessional Tax Treatment.

If You Dont know how to prepar all this things you can take help from the companies here i suggest you one company once go throw that website.

Having any  Tax  issues Contact : My Tax Filer

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My Tax Filer  is a Certified Public Accountant, a Certified Financial Planner,My Tax Filer Company works with clients helping them manage their money, Indian Taxation, Advanced Tax Planning, IRAs and qualified plan rollovers with an eye towards maximizing tax benefits and minimizing taxes.

Hi,

Thankyou sharath for giving a lot of information  about ITIN Tax  preparation and Indian Taxation. Really a very nice and detailed review on it.

                          Thanks for sharing.

Thanks for sharing the infromation with us.

..............

Paul

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