banner_ad

Exemption and deduction for salary income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 February 2020 Respected Sir / Mam

If my gross total income before all deduction in 9,20,000/= how could I save tax to make my taxable income upto Rs.500000/-

Profession tax 2500
Std Deduction 50000
80C 150000
Home Loan Int. 200000
total 402500

what else deduction would i get?
Profile Image

swasti

Profile Image

swasti (Expert)
16 February 2020 You can claim a deduction of Mediclaim U/s 80D if paying for medical insurance. Also you can look if your salary is having "Uniform Allowance" as a part of salary and if you have spent for purchase/maintenance of official clothes.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details