Claim of expenses
This query is : Resolved
13 November 2013
dear sir,
my father is commission agent of Sahara India.they have income from commission during the financial year 2012-13 is Rs. 5,02,000.please suggest me haw much expenses we can claim against income.No any deduction(80c to 80u)are available.
my father is commission agent of Sahara India.they have income from commission during the financial year 2012-13 is Rs. 5,02,000.please suggest me haw much expenses we can claim against income.No any deduction(80c to 80u)are available.
13 November 2013
he can claim relevant deductions available in chapter VI whether it is payment for LIC permium or for principal repayment on housing loan, medical insurance permia under 80D, rent paid under 80GG etc etc
13 November 2013
Yes, he can claim certain deductions of Chapter VI,
as mentioned by Nikhil ji...
as mentioned by Nikhil ji...
14 November 2013
yes deduction of chapter VI
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