Saving tax
This query is : Resolved
29 March 2010
what should be my remuneration breakup . i have claim housing loan, my investment is 1 lac still i am liable for tax. my existing breakup in as follows
basic 39,644
conveyance 800
medical 1,250
LIC 360
Bouns 34,200
Incentive 1,25,000
Invest
12000 ICICI Pension
12000 SIB Mutual Fund
7500 TATA AIG
4500 LIC
Housing Loan Interest 42,550
Principal 18,000
Can i take attire allowance and persuit allownace.
basic 39,644
conveyance 800
medical 1,250
LIC 360
Bouns 34,200
Incentive 1,25,000
Invest
12000 ICICI Pension
12000 SIB Mutual Fund
7500 TATA AIG
4500 LIC
Housing Loan Interest 42,550
Principal 18,000
Can i take attire allowance and persuit allownace.
29 March 2010
opt for some Pequsites instead of Allowance
Allowance also. Children education allowance and Hostel expenditure allowance can opt
Sec.80D also good tax savings
Allowance also. Children education allowance and Hostel expenditure allowance can opt
Sec.80D also good tax savings
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
- CLOSING STOCK QUERY
- ITR-Capital Gain
- Taxation on Old jewellery sold
- Reporting in TDS return
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- F&O reporting in ITR
- Loss of interest in PF transfer from EPFO to Trust
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
