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income for year 2010-11

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(Querist)
04 September 2010 dear sir

MY CLIEANT IS DOING BUSNESS HIS INCOME ON THIS YEAR IS OF COMMISSION AND DISTUBUTION IS RS 1500000/- MY QUESTION IS HOW I HAVE TO ADVISE HIM FOR SHAVING TAX HE HAS INVEST SOME MONEY FROMM TAKING RELATIVE LOAN INT OF THAT LOAN REEMBURSH?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 September 2010 You cna claim normal Business expenses, along with, Deductions u/s.80C/D/DD/DDB/E/G/GG and housing loan interest are good tax savings option
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