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INCOME TAX SAVING

Tax planning 662 views 38 replies
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Profession Business
28207 Points Posted on 26 June 2022
Have you opted for Sec 115BAC. If no then this is the only solution. You end up in paying lesser tax.
1 Reply
On 26 June 2022 at 10:45
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CFO- at NHTF
58280 Points Posted on 26 June 2022
You may consider your parents medical bills upto 50k
1 Reply
On 26 June 2022 at 10:57
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Chartered Accountant
86505 Points Posted on 26 June 2022
Just the one solution claim any exemption upto 3000 and there will be no tax liability
1 Reply
On 26 June 2022 at 13:06
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217 Points Posted on 26 June 2022
Ok
Thanks 🙏
1 Reply
On 26 June 2022 at 16:25
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CFO- at NHTF
58280 Points Posted on 26 June 2022
Don't declare the income near the ceiling of 5lacs .
4.90
4.99
4.98

These kind of incomes may go for scrutiny
1 Reply
On 26 June 2022 at 17:17
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217 Points Posted on 26 June 2022
So what should I do sir finally?
1 Reply
On 26 June 2022 at 18:38
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Chartered Accountant
86505 Points Posted on 26 June 2022
Never ever scrutiny cases selected for such a small amount.

Just claim HRA exemption upto 4000-5000
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On 26 June 2022 at 20:41
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CFO- at NHTF
58280 Points Posted on 26 June 2022
@ Sandip ,

Whatever you do go legally.

HRA has Calculation as per Section 10(13A). So you can't enter whatever amount you want
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On 26 June 2022 at 21:23
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Chartered Accountant
86505 Points Posted on 26 June 2022
I assure that no scrutiny arises.
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On 26 June 2022 at 21:48
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CFO- at NHTF
58280 Points Posted on 26 June 2022
You are not Authority to decide it .

You are mediator between tax payer and IT Dept
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On 26 June 2022 at 21:50
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Chartered Accountant
86505 Points Posted on 26 June 2022
But have experiencing handling filed from last 12 years, so know what happened practically.
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On 26 June 2022 at 21:57
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CFO- at NHTF
58280 Points Posted on 26 June 2022
Those days are gone . From 2 to 3 years situation is changed.
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On 26 June 2022 at 21:59
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Chartered Accountant
86505 Points Posted on 26 June 2022
So i don't stop practising from last 2 to 3 years.
1 Reply
On 26 June 2022 at 22:00
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CFO- at NHTF
58280 Points Posted on 26 June 2022
You will realise the power of income tax dept very shortly..
1 Reply
On 26 June 2022 at 22:01
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Chartered Accountant
86505 Points Posted on 26 June 2022
You are making querist terrifying about department.
1 Reply
On 26 June 2022 at 22:04


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