sowmya.s (accountant) (78 Points)
24 January 2011Hi,
Can any one suggest me the tax planning for the year 2011-2012.
Best Investment which has tax benifit.
i am not paying the House loan, Need tax plan for the salary of Rs 40000 PM.
Please explain me which investment interests are tax free?
Pankaj Arora
(Learner)
(3134 Points)
Replied 24 January 2011
You can only take deduction u/s 80C of 1Lac. And 20,000.00 u/s 80CCF
sowmya.s
(accountant)
(78 Points)
Replied 24 January 2011
Kindly explain 80C Investments which has low risk. Which i get returns with in 5-6 yrs.
Pankaj Arora
(Learner)
(3134 Points)
Replied 24 January 2011
80ccc, FD, Post office scheme, Elss, PPF
sowmya.s
(accountant)
(78 Points)
Replied 24 January 2011
IN NSC, FD, Post office scheme in all these which interest in tax free?
Pankaj Arora
(Learner)
(3134 Points)
Replied 24 January 2011
Yes tax free but in FD knock in period of 5 years
CAclubindia
