Tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2011
My annual is Rs. 275000, i palnning to deposit Rs. 70000 in ppf account, my annual PF contribution is Rs. 12264 and professional tax is Rs. 1560 in this way my taxable income is Rs. 11176, so i want to know further where should i invest that my tax liability become nil.
CA Anjali Aswal
(Expert)
03 November 2011
You can go for mediclaim eligible for deduction u/s 80D upto Rs. 15000/-.
CA Prashant Gupta
(Expert)
03 November 2011
there is NSC, LIC, tax saving FDs which is eligible u/s 80 C
then mediclaim u/s 80 D if you want to invest in this.
then mediclaim u/s 80 D if you want to invest in this.
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