Tax planning
Querist : Anonymous
1) I want to lower the tax liablity so can i take deduction of conveyance i.e,Rs.800 pm in my salary Income and if yes than what proof i required in case scrutiny comes up.
2) Since the firm is my relatives firm so they can modify the form 16 accordingly ,so do they have to mention that conveyance allowance in form16 or in salary slip or anywhere.
3) Which ITR i need to file?
4)Also In ITR do i need to mention Salary Before Deduction of Conveyance or after Deduction of Conveyance i.e, Gross Or Net Salary.And If Gross Salary than where i need to show the conveyance
5)If any other way to reduce my tax liablity than plz help me out.
thanks in advance....
Querist : Anonymous
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