Exemption of per centage of rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2012
I am getting around 34,000/- per month as interest on fixed deposits
I am paying rent of Rs 27,000/- per month and incurring around 60,000/- towards medicines per year. Please tell me how much income tax saving I am entitled to.
I am paying rent of Rs 27,000/- per month and incurring around 60,000/- towards medicines per year. Please tell me how much income tax saving I am entitled to.
30 July 2012
Interest on Fixed deposits is fully taxable, and for paymnet of rent you can claim HRA deduction if u r salaried person or can claim deduction for payment of rent u/s 80GG. u cannot take benefits of expenses on medicines.ok
Hope ur query is resolved
Hope ur query is resolved
Message likes :
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Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2012
Thank u very much
26 September 2012
Dear Annonymous u can take upto Rs. 15000 medical bill exemption also, if you are receiving medical allowances .
This is Given u/s 17(2)
Aadish Jain
This is Given u/s 17(2)
Aadish Jain
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