IT CALCULATION FY 2019-20 FOR INDIVIDUALS
This query is : Resolved
VIJAYALAKSHMI K
(Querist)
25 February 2020
Hi'
I would like to have clarity on the following with respect to Income Tax calculation for the financial year 2019-20:
1) What is the maximum deductions that shall be shown
2) Shall we claim Housing Loan - Principal / Interest for 2 properties at a time
3) Shall we claim medical expenses of in-laws for a women tax payer
4) Standard deductions for HRA
5) Standard deduction for women employer
6) Any other standard deductions that shall be claimed
Anyone pl. support me
I would like to have clarity on the following with respect to Income Tax calculation for the financial year 2019-20:
1) What is the maximum deductions that shall be shown
2) Shall we claim Housing Loan - Principal / Interest for 2 properties at a time
3) Shall we claim medical expenses of in-laws for a women tax payer
4) Standard deductions for HRA
5) Standard deduction for women employer
6) Any other standard deductions that shall be claimed
Anyone pl. support me
Amol S Joglekar
(Expert)
25 February 2020
03. The limit for medical insurance expenses....50,000 section 80D
a. section 80DD... expenses on medical treatment of a disabled dependent
b. 80DDB... for medical treatment
a. section 80DD... expenses on medical treatment of a disabled dependent
b. 80DDB... for medical treatment
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on Fixed Assets purchased
- Non filing of I T Returns
- UDIN ISSUE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
