In chapter VIA of the income tax act, 1961, the most widely used option to save tax is section 80C. This section allows an individual and HUF to save tax by investing in or spend on certain specified avenues. The maximum limit up to which you can claim tax deduction under section 80C is Rs 1,50,000 for the financial year 2018-19 and 2019-20.
Showing posts with label Automated Income Tax Revised Form 16 Part B for F.Y.2020-21 and A.Y.2021-22 as per Budget 2020( New Tax Regime and Old Tax Regime U/s 115BAC). Show all posts
Showing posts with label Automated Income Tax Revised Form 16 Part B for F.Y.2020-21 and A.Y.2021-22 as per Budget 2020( New Tax Regime and Old Tax Regime U/s 115BAC). Show all posts
Sunday, 17 May 2020
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