income tax rebate

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Hi,

is there any tax rebate on the house rent paid by the widow of a deceased employee....

 

thanks

Replies (5)

If you could be a bit more specific ...

Originally posted by : Member

If you could be a bit more specific ...

actually wanted to ask if there is any provision under income tax under whrerein house rent paid by a widow is exempted under IT act

thanks

No, unless you mean Section 80GG, which is the non salary equivalent of Section 10(13A).

i am a indivisual i have salary & interest income . how i can i save my tax. please suggest me for tax planing.

Jitendra you can save tax through monthly rents, investments u/s 80c & infrastructure bonds.As u r salaried person u can invest in PF which is tax deductible upto Rs.70000.00 per year and earns int. of 9.5% p.a which is also tax free.


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