How to avail income tax exemption in india?
buddy,
per regulations, there deductions allowed on income earned individual. these amounts can subtracted while arriving upon net taxable salary of individual.
hra, lta etc.
income tax laws allow individuals assessed income tax claim exemption income tax under following heads.
section 80c – section 80c of laws provide exemption income tax on amounts invested individual. includes amount individual invests in certified instruments exempt tax
there lot of other section using can reduce tax. know them visit: http://anandvijayakumar.blogspot.com/200...
cheers,
anand
mail me @ anandvijayakumar@ymail.com if need more details.
i paying around rs. 250000/- income tax there option exemption in paying tax.
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