hello everybody
in here i am going to ask you to how could we decrease our tax liability
pls give me a practical examples for that
sudhir rawal (B.COM/PCC/ARTICLE/'O'LEVEL) (314 Points)
23 June 2009hello everybody
in here i am going to ask you to how could we decrease our tax liability
pls give me a practical examples for that
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9060 Points)
Replied 23 June 2009
BY PROPER TAX PLANNING
BALASUBRAMANYA B N
(CCI STUDENT....)
(44682 Points)
Replied 23 June 2009
BY TAX PLANNING...
1) BY INVESTING UPTO 1LAK UNDER 80 C
2) BY INVESTING IN MEDICAL INSURRNACE UPTO 15K
3) IF YOU HAVE HOUSING LOAN THEN YOU CNA CLAIM INTEREST
(IF SELF OCCUPIED ITS UPTO 1.5K, OTHERWISE WHOLE INTEREST AMT)
Sanjeev Jain
(Chartered Accountant)
(922 Points)
Replied 23 June 2009
As the above solutions are come out are correct i just wanna add that first of all you shuld know under which you have your income and accordingly benefits and way out will be suggested keeping in mnd the legal provision framed out under the enactment.
sudhir rawal
(B.COM/PCC/ARTICLE/'O'LEVEL)
(314 Points)
Replied 24 June 2009
thanks sir for giving me good suggestion
PRITI RUPAREL
(ACCOUNTANT)
(193 Points)
Replied 24 June 2009
I didn't get about investment in medical insurance upto 15K? Is that Mediclaim premium
PREETI RUPAREL
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 24 June 2009
Originally posted by :Balasubramanya | ||
" | BY TAX PLANNING... 1) BY INVESTING UPTO 1LAK UNDER 80 C 2) BY INVESTING IN MEDICAL INSURRNACE UPTO 15K 3) IF YOU HAVE HOUSING LOAN THEN YOU CNA CLAIM INTEREST (IF SELF OCCUPIED ITS UPTO 1.5K, OTHERWISE WHOLE INTEREST AMT) |
" |
simple and effective tax planning advice by Balasubramanya
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies