Deductions available for income from only interest only
This query is : Resolved
20 June 2017
Hi, I am Kishor, married and aged 43. I am having income from fixed deposits only. What all IT deductions available for me? Can I take 15K medical reimbursement benefit? house rent benefit? in deduction.
20 June 2017
Yes you can claim deduction under all section
13 October 2021
No. house rent deduction or medical expenses are not deductible from 'IFOS'
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Can we claim ITC in 28%
- Forgot to update debit note in gst
- Can we issue an invoice today
- SALE OF GOODS FROM OTHER STATE
- Applicability of RCM on Frieght Inward supplies received from un-registered person
- Accounting Policies changes
- Credit note Issue reg
- Ca final exam registration may-26
- Query Regarding Income Tax Rate on Gain from Transfer of Partnership Stake (LLP Partner)
- ADDITIONAL PLACE OF BUSINESS DOCUMENTS
- Are You Looking For an Easy Academic Help?
- Wrongly goods delivered to other state
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
