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INCOME T A X A RT ICLES
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Y ou dont need t o do any procedure for t his. Y our rebat e w ill be deduct ed w hen you file your ret urns.
Sect ion VI
T here are many deduct ions available t o individuals under Sect ion V I. It includes invest ment s and cert ain
expenses.
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80C
Investment/Expense
Life insurance
Deduction for
Deductions for
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senior citizens
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scheme
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t est forum 2
and VPF
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National saving
certificate
80CCC
1,00,000 in total
1,00,000 in total
insurance companies
80CCD
employees
80D
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included)
80DD
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Rs. 1,00,000
Rs. 1,00,000
Rs. 50,000
Rs. 50,000
Tw eet
T ags: income t ax ret urns, Sect ion 87A , T ax rebat e, t ax ret urn
Invest ment in Family Members Name Can Help in
T ax Planning
3 Comments
DWD ITR
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6 months ago
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9 months ago
this is wrong information, in 87A nowhere it is mentioned about age limit i.e senior citizen
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Prabhakar Malgate
a year ago
WHAT'S THIS?
Team
BalakrishnanGurumurti I DO NOT
dwdinfo asdsa
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