Income tax query

Tax planning 284 views 2 replies

I have a client which has to pay Rs. 1,06,000 as tax

Tds deducted :- Rs. 87,000
Tax to be paid after all int. is Rs. 19,000
Please suggest me some way to make minimize his tax amount !!!
Replies (2)

The only ethically and widely used option seems to be to use section 80C if there is scope and time left.

Thanks,

If it is for the FY 2014-15, then yes, invest in PPF, NSC, 5-year FD, etc to save tax.


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