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total deduction for AY 19-20

Others 254 views 2 replies
if total income is around 13-16L , then what are the investment options to save tax other than the below:
80C - 1.5L + 0.5L = 2L
80D - 25K (medical insurance)
40K - medical allowance
Replies (2)

As per Section 10(13A), The amount of HRA exemption is deductible from the total income before arriving at a taxable income  Although it is a part of your salary,

Rent paid not exceeding rupees 1 lakh (No requirement of landlord PAN) can be a better option to save tax.

Also section 80TTA for deduction of Rs.10k can be taken into consideration if having bank interest of saving account.
 

donations under 80G
home loan where interest is deductible upto 2lacs from total income


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