Need to know tax for my salary - advise please

1. if the house for which u hav taken loan is not in chennai then u can claim both house loan and hostel rent

2. you can submit ur medical bills to claim exemption from tax

3. other than insurance you can claim principal portion of ur house loan. investment in PPF,KVP, NSC etc are also eligible for exemption.

4. u jus have to file the return for that year. if u have filed return check whether refund is claimed in that. tats enough u ll get the refund from the Income tax dept if you r eligible for refund

Thanks for your reply.

One more doubt :

i have taken my house loan is not in chennai.It's my native place only.

 i will be in hostel 2 or 3 years and after that if i got married i wont be in hostel. so after that i will submit only one.

So can i submit house loan receipt and hostel rent receipt  (both ) for 2 or 3 years?

Bec my hr told me " you can submit house loan and hostel rent (both) first year alone

you can't submit next year.because the construction is finsihed something like that ".

can you please tell me that will come which act (if its possible to sumbit both doucments)? because i can inform to hr.

please advise for this ?

Helo Varalakshmi,

Plz can u explain about this point bcoz i m not able to understand about this point that

you can submit ur medical bills to claim exemption from tax how a person can claim expenses
 on his or her health except if u get mediclaim from ur insurance company.............