Form 16 lic not claim

Top tax saving deductions for salaried persons: 1) Investment of Rs 1.5 Lakh under Sec 80C to reduce your taxable income, 2) Medical insurance premium upto Rs. 25,000/- under section 80D, 3) Deduction of Rs. 50,000/- on home loan interest under section 80EE subject to certain conditions, 4) Donations to charitable trusts under section 80G, 5) Interest earned from savings account upto Rs. 10,000 can be claimed as deduction under section 80TTA, 6) People who bought a house can save tax on Long term capital gains subject to certain conditions, 7) House Rent allowance can be taken as exemption and there is no need to pay tax on it subject to certain conditions, 8) Medical Allowance utpo Rs. 15,000/- can be claimed by submitting bills. 9) Transport Allowance of Rs. 19,200 can be taken to reduce tax burden. Please note that the last date to submit income tax return is 31st August, 2018 after which penalty will be levied. For any queries or help, message or email us.

Top tax saving deductions for salaried persons: 1) Investment of Rs 1.5 Lakh under Sec 80C to reduce your taxable income, 2) Medical insurance premium upto Rs. 25,000/- under section 80D, 3) Deduction of Rs. 50,000/- on home loan interest under section 80EE subject to certain conditions, 4) Donations to charitable trusts under section 80G, 5) Interest earned from savings account upto Rs. 10,000 can be claimed as deduction under section 80TTA, 6) People who bought a house can save tax on Long term capital gains subject to certain conditions, 7) House Rent allowance can be taken as exemption and there is no need to pay tax on it subject to certain conditions, 8) Medical Allowance utpo Rs. 15,000/- can be claimed by submitting bills. 9) Transport Allowance of Rs. 19,200 can be taken to reduce tax burden. Please note that the last date to submit income tax return is 31st August, 2018 after which penalty will be levied. For any queries or help, message or email us.

Sir,

If Salaried persons loan taken  for personal uses purpose,and interest paid on this.----This transaction is eligible for deductions uder ITR -1..