urgent tax doubt please help me

saivarma (articles assistant) (127 Points)

10 February 2011  

 

Our s is a privated limited company, 


Basic      12,285


HRA          4914


Coneveyance      800


Special Allowance 5321


medical Allowance  1250


Gross Salary           24750


Professional Tax        200


So i am paying 10000, and 15000 insuranse i,e 25000 under 80c


rebt paying 7000 per month , residence at hyderbad


can any one say how much is my taxable income.



i want to pay donation to charitable trust and how much i can donate to claim excemption and to which trust i


can pay .please give me reply


and also they are giving 1250 as medical allowance , can i claim that amount as excemption