https://www.desidime.com/comments/permalink/9789731
electric vehicle is not applicable anymore or am I mistaken?
Income tax details to maintain
- 2259
- 16
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- Last Comment
Many dont maintain these things .... these are just basic things that i jotted down.
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https://www.desidime.com/comments/permalink/9790024
Income tax file
Please keep a file for every year. (or a digital folder in google drive or anywhere )
#uncometax #share
Save all important bills in one file.
Example :
- Life insurance
- Health insurance
- Medical expense bills of parents ( senior citizens)
- PPF
- NPS payments (upto 50k) (Tier 1)
- Health insurance issued by company
- Salary slips received during the year
- LIC payments
- ELSS mutual funds
- Sodexo amount received (just mention amount )
- Children school fee
- Educational loan details
- Housing loan statement with interest for the year
- Electric vehicle loan - details
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https://www.desidime.com/comments/permalink/9794488
@third.i.financial.advisors
Are there any INCOME deductions for "New Tax Regime" for FY23-24?
https://www.desidime.com/comments/permalink/9794801
New regime - deduction on incomes -
a) 50k as standard dedn on salary
b) family pension - 15000 or 1/3rd
c)10 10 c - retirement
e)10 10 D - gratuity
f) 10 10 AA - leave encashment upto 25L -
g) Daily allowance
i) Conveyance allowance
https://www.desidime.com/comments/permalink/9816458
Slightly off topic : @third.i.financial.advisors
Lets say I have to pay 3L adv. tax. Can I pay 1L this month, in succession of 3 months before Mar 15th itself ?
cc : @Seinfeld @arko1983650
https://www.desidime.com/comments/permalink/9816568
Advance tax is to be paid in four installments
- 15th June - 15% of the tax liability
- 15th September - 45% of the tax liability
- 15th December - 75% of the tax liability
- 15th March - 100% of the tax liability
-
ie, If total tax for the year 22-23 is 1 lakh. Then pay ..
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https://www.desidime.com/comments/permalink/9920035
I am planning to show this much amount in Section 10(14)(i) without bills from. Can I face any issue? Last year also I showed in ITR withput bills 😉.
| Internet Reimbursement | -13173.84 |
| Book Reimbursement | -7742 |
| Meal Allowance | -16130 |
| Professional Pursuit | -4839 |
https://www.desidime.com/comments/permalink/9920167
has the company shown it in form 16 ??? if not , claiming these things will be problematic. There would be better ways to save tax.
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Post in text please.
Income tax file
Please keep a file for every year. (or a digital folder in google drive or anywhere )
#uncometax #share
Save all important bills in one file.
Example :
@third.i.financial.advisors
Are there any INCOME deductions for "New Tax Regime" for FY23-24?
New regime - deduction on incomes -
a) 50k as standard dedn on salary
b) family pension - 15000 or 1/3rd
c)10 10 c - retirement
e)10 10 D - gratuity
f) 10 10 AA - leave encashment upto 25L -
g) Daily allowance
i) Conveyance allowance