Tax deduction options

Tax planning 159 views 4 replies

Hi,

This year my total income is around 14 lakhs, can any one help me with this tax savings

i have 1.5Lakhs on FD

50k on NSC

HRA for 1 Lakh

other medical bills are around 50k

please do let me know if any one help me with more options such as can i use my parents HRA (they live in a different home in same city) if so please do let me know which docuemnts shell i need to use...

For the travel allowence can is use family vacation amount if so please do let me know which docuemnts i need to provide...

 

Replies (4)
aa man whose name iss hari nath singh he give u best suggestions how to save your income tax..

Whose is Hri nath Sing, can you please clarify

you can claim deduction for NSC under sec 80c

And for claiming HRA, you need to not have a house in the city you are living in.


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