Hi Puja,

Following are the options that you can suggest to your client : -

1) He should make investment u/s 80C by taking a LIC Policy. Also he can take out a medical       Insurance premium and the premium paid for such medical insurance is deductible u/s 80D.

2) Invest in Public Provident Fund. (Maximum up to Rs. 70000)

3) Invest in NSC (National Savings Certificates) or KVP (Kisan Vikas Patra).

4) Invest in Post Office Savings Scheme.

5) He can claim deduction of principal amount paid for loan towards construction of house. (Deduction  can be claimed only when the house is fully constructed)

6) He can give receipts of Donations given and claim deduction u/s 80G.

7) He can claim deduction of the Tuition Fees paid for his children.

Regards,

Devendra Kulkarni 

tell him to submit sec. 80 related document in his office

YOUR CLIENT CAN INVEST IN INFRA STRUCTURE BONDS U/S 80CCF AND GET AN ADDITIONAL DEDUCTION OF TAX UP TO RS. 20000.

REGARDS,

DEVENDRA K

he should  report to his employer about his savings .

Very Well Explained by Devendra.

Thanks.

hello devendra.. u said about deductions.. but i have asked the Name of the form which he has to submit to the Income Tax Department or to his employer which will solve his purpose...