income tax declaration
priyanka naik (35 Points)
14 January 2019
can I submit fixed deposit invested in bank for one year
6 Replies
M.N.GAJENDRA
(Tax Practitioner )
(39 Points)
Replied 14 January 2019
NoOnly Tax Savings Fixed Deposits are allowed
Neeta Latwal
(artical)
(34 Points)
Replied 14 January 2019
No 1 year FD are not allowed, for tax benefit you have to make tax saving FD for 5 year.
priyanka naik
(35 Points)
Replied 14 January 2019
if I had gone through medical treatment can I submit for IT exemption
Neeta Latwal
(artical)
(34 Points)
Replied 14 January 2019
Now you can’t submit medical bills for for tax exemption. From FY 2018-19, medical exemption is not Available but you will get standard deduction of 40K.
priyanka naik
(35 Points)
Replied 14 January 2019
if I invest in tax saving deposit for 5 year should I submit documents every year or only year of investment for IT declaration
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