.The very first thing, If I have purchased the
car through the company (may be in the name of the company)
can I get any sort of tax deduction for the amount which I am
paying as the EMI to the bank each month.
2.The very same confusion exist with the house rent.
that is if I have a rented house which I have
taken in the name of the company can I claim any sort of
deduction.
3.Another query relates to my Leave travel Allowance,I
have given a predicted figure of Rs.25000 towards LTA but
this hasn't been taken into account in the calculation of
the Exemptions.The same is the case for the medical allowance.
Can you please clarify that when are these figures be used
as exemptions and are shown as a deduction from the taxable
income.
4.I have also recieved Sodex-ho coupons worth 13000 INR,but
even these hasn't been accounted for.
5.Can the electricity bill and the gas bill (paid by me) be
considered for the exemptions.
2006-07-04
21:39:28
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4 answers
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asked by
silky m
1