INCOME TAX SAVING

Tax planning 529 views 38 replies
Have you opted for Sec 115BAC. If no then this is the only solution. You end up in paying lesser tax.
Replies (38)
Have you opted for Sec 115BAC. If no then this is the only solution. You end up in paying lesser tax.
You may consider your parents medical bills upto 50k
Just the one solution claim any exemption upto 3000 and there will be no tax liability
Ok
Thanks 🙏
Don't declare the income near the ceiling of 5lacs .
4.90
4.99
4.98

These kind of incomes may go for scrutiny
So what should I do sir finally?
Never ever scrutiny cases selected for such a small amount.

Just claim HRA exemption upto 4000-5000
@ Sandip ,

Whatever you do go legally.

HRA has Calculation as per Section 10(13A). So you can't enter whatever amount you want
I assure that no scrutiny arises.
You are not Authority to decide it .

You are mediator between tax payer and IT Dept
But have experiencing handling filed from last 12 years, so know what happened practically.
Those days are gone . From 2 to 3 years situation is changed.
So i don't stop practising from last 2 to 3 years.
You will realise the power of income tax dept very shortly..
You are making querist terrifying about department.


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