Dear sir
CAn anybody tell me the area which can be useful to save tax of a salaried person which has been deducted by the employer and shown in the TDS Certificate (form 16)
Thanks
CA Pradeep Kumar Rajput (CA/CS/CMA) (4460 Points)
16 February 2012Dear sir
CAn anybody tell me the area which can be useful to save tax of a salaried person which has been deducted by the employer and shown in the TDS Certificate (form 16)
Thanks
Dhanabal Ramasamy
(CHARTERED ACCOUNTANT)
(105 Points)
Replied 20 February 2012
Dear Friend,
Salaried people have less options to save. Deduction only, under 80C and interest on house property loan if any, are allowed. So investments mentioned in 80C is the only to save tax.