Hello Friends!
If a person has rendering services outside India by just sitting in India, and getting Rs. 25,000/- pm fixed and on visit outside India he may get approx. Rs. 7,00,000-8,00,000/- on assignment basis and more amount.
In this way approx. Rs.10,00,000- 12,00,000/- Income he has in FY.
How can he may decrease tax liability by maximum investment in different tax savings.
Comment about except section 80 C, 80G, 80TTA & 80D deduction, if anyother section gives deduction more than Rs.1,50,000/-, Rs.10000/-, Rs. 55,000/-.
CAclubindia
