banner_ad

Saving Tax while Filing ITR1 with Salary and FD income

ITR Filing 367 views 7 replies

Dear Experts ,

Could you pls advise whats the best way to save tax while Filing ITR1 with Salary and FD interest income. 

When 80C is already having 1.5lacs ,  HRA is already considered by Organisation and no house loan interest.

What are all different sections available for saving further taxes pls ? 

Best Regards 

 

 

Replies (7)

In general Standard deduction,  Donations if any, Mediclaim insurance etc.       

Dear Dhiraj Mal sir ,

Thanks for your revert .

Can you pls help understand which section of incometax would be appropriate to claim refund for property tax and rental Brokerage pls ?

Loss from house property is okay ? 

Best Regards 

Property tax is claimed in income from HP itself Sec 24(b) IT act. Brokerage is one time payment can be claimed in first month rent.

Sir , HP meaning?

I don't have a home loan , hence not paying any loan interest, just property tax for a self occupied property , that has not been claimed anywhere.

HRA already considered by company but this brokerage amount is not  claimed , I can higher the HRA amount while filing you mean pls ? 

  1. HP means house property.
  2.  Property tax for self occupied HP is not claimable.
  3.  HA cannot be claimed by you, when you ae not paying any rent.
  4. No. Go as per form 16 deductions.

Many thanks Sir ,

1. This is for last FY ( 23-24 ) , when I was on rent , hence that time I had paid brokerage.

2. And last year my own property was vacant when I paid Property tax .  Can I claim in this case ? 

Regards

  1. Claim HRA. You cant claim property tax.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details