individuals tax planning

This query is : Resolved 

18 September 2009 hi..i jus wanna know that can tax of an individual(salaried class) can be saved beyond 1 lakh limit. if there is any option do tell me

18 September 2009 You can save under 80D medical insurance for 15k....

19 September 2009 there so many options under section 80 in order to save tax and get exemption over Rs.1 lac.
80D : MEDICAL INSURANCE
80DD : MEDICAL TREATMENT OF DISABLED PERSON IF ANY
80E : IF SUCH PERSON INCURRED AMOUNT FOR GETTING HIGHER EDUCATION FOR OWN OR FOR CHILDREN

19 September 2009 my client is given medical rembursement of 15000 from his office n he is having no child to take loan for studies . is still any option left

14 October 2009 You can use House Rent allowance.

Also conveyance allowance of Rs.800 per month can be used.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details