How to get refund

This query is : Resolved

vishal sharma (Querist)
Follow

21 March 2016 My salary Is 871488 out of which i am getting 108660 as HRA And i am paying 90000 As A Rent And i Have house also in which i shifted before 2 Months for that i had paid pre
-construction intrest And principle 95578&22930 andi have Lic also for which i had paid 84902 rs nd PF is 43464 and mediclaim of rs 11171 So what investment i have to make to reduce it to Zero

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

21 March 2016 Zero tax is a MYTH. In fact paying tax when one is in 10% bracket is advisable

vishal sharma

vishal sharma (Querist)
Follow

22 March 2016 how much interest i can claim in this matter sir

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

24 March 2016 1/5th of pre emi interest you can claim for 5 consecutive years. (1/5th of 22930).
95578, you can claim in full u/s 80C.... 95578 + 84902 + 43464.......max is 150,000
11171. mediclaim, you can claim in full

vishal sharma

vishal sharma (Querist)
Follow

25 March 2016 So whether i can calaim HRA in this Case along With Pre Emi Interest

vishal sharma

vishal sharma (Querist)
Follow

25 March 2016 whether i can claim As deduction In this case

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

27 March 2016 yes. You can very well claim HRA as well.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

Rajesh Surapaneni

Shailesh Prajapati

Santosh Behera

Michael & Co.

Subscribe Now

How to get refund

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

CA Final

Manager- Finance and Compliance

Accountant

GST CONSULTANT

Senior Executive