Tax deduction options

Tax planning 95 views 4 replies
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Sr Recruiter
28 Points Joined February 2013

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...

 

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On 12 January 2018 at 21:50 Report
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2 Points Joined January 2018
aa man whose name iss hari nath singh he give u best suggestions how to save your income tax..
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On 12 January 2018 at 22:24
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Sr Recruiter
28 Points Joined February 2013

Whose is Hri nath Sing, can you please clarify

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On 15 January 2018 at 20:10
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CA CS
703 Points Joined February 2012

you can claim deduction for NSC under sec 80c

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On 19 January 2018 at 18:19
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CA CS
703 Points Joined February 2012

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

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On 19 January 2018 at 18:20


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