Urgent

Dear sir, we need not to be help to a CA in tax quires but u asked your help for getting maximum benift to your boss for his income tax i think u r resantly qulified CA however the articles should be complete for completing CA Course. At the time of articles u did learn what is the sources to decrease the liability of tax. If you don't mind please refer section 16 to section 26 and chapter VIA deducitons of income tax act 1961 for clear under standing and possible ways to decrease tax liability. However Interest u/s24(b) must be deduct from income directly with maximum of rs.150000 for self occupied property and no limit for rented porparty and PF must be deduct under section 80C with maximum limit of rs.100000 if it has not been completed rs.100000 then u can save for balance in which u get benift under section 80C please refer SEC 80C for others. For decreasing tax liabiltu u can get benifits from section 80

OM SAI SRI SAI JAI JAI SAI