Which savings come under section 80C, which come under 80D and which under section24. How much can I save under each section listed?
i mean 100000 is the total limit….
now does the limit have sublimits of say how much max can you invest in each head
I got Reliance Tax saver in my wife’s name. She’s dependent on me and does not has an income. Will this saving earn a rebate for me in income tax calculations, and under what section?
I am planning to invest in Tax saver mutual funds of Fidelity,Reliance and Canara robeco. Will i still get Tax exemption on amount invested in these funds under section 80c of Income Tax Act. Experts Please confirm
Which one is better if want put our savings monthly to get good profits
Hi every one !,
I have 4 years experience in IT field. I am 28 years old. Can I join as an IT officer in Bank. Please provide suggestion. If yes, Please provide best sites for preparation and free study materials.
I have not transferred any amount from my prev. company’s super annuation account to the current company SA account. I did not commute any part of that as well. Hence I am getting my pension paid out on a yearly basis from LIC with which my prev. company had the SA account. How do I treat this income from taxation perspective and where do I specify the same in ITR-2 (as I have to declare Income from house property)? As per Section 2 of the IT Act, I hope this should be quoted as part of “Salaries”. However in ITR-2 this part also requires the Employer name to be specified. As I am out of my prev. company, I am confused what to write there.
My wife is doing M.Tech and I have heard that in India we get some kind of tax rebate for women’s education. If it’s true, what section it comes under?
Sunset period,latest update to avail income tax relief under section 80 IB for starting an industry in a industrially backward districts.