2006-10-01 16:07:18 · 4 answers · asked by skroy50 1 in Business & Finance ➔ Investing
50 rupeee per elephant in your household.
2006-10-01 16:14:53 · answer #1 · answered by Island Queen 6 · 1⤊ 2⤋
Deductions under sec 80C for investments upto Rs. 1 lakhs like pf, nsc, elss funds, principal repayment on housing loan etc
Loss on house property like int charged under housing loan upto Rs. 1.50lakhs can be deducted from income
u/s 80d mediclaim policy premium upto 10000 exempt
Also income upto Rs.1 lakh is exempt from tax
2006-10-01 16:41:09 · answer #2 · answered by Geetha` M 1 · 0⤊ 2⤋
For details refer to the provisions of Income tax Act in www.allindiantaxes.com
Further, if you are in business- all expenses necessary for running the business are allowed deductions
2006-10-01 19:58:51 · answer #3 · answered by Anonymous · 0⤊ 2⤋
Hi, i know what your question is.
i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that your Investing will benefit greatly from this website.
http://investing.sitesled.com/
Good Luck and Best Wishes!
2006-10-01 21:09:08 · answer #4 · answered by stock_trade_expert 3 · 0⤊ 1⤋