There is change in limit of income tax deduction 2014-15 (A.Y.2015-16) with introduction of budget 2015. I have prepared chart for it. Through it you can get details of new deduction limit under section 80C, 80D etc. Chart for income tax deduction 2014-15 ( A.Y. 2015-16) [table id=4 /] [maxbutton id=”2″] You
Deduction under section 80D is available for mediclaim insurance paid during the previous year. It is covered under chapter VI of income tax act. Who can use deduction under section 80D? Only individual and HUF can use section 80D deduction. Whose insurance should be taken to get benefit of deduction of mediclaim insurance?
You can track income tax refund status online very easily.I hope you have filed your return on time and now it is time to get income tax refund if your tax liability is less than tax deducted via TDS/TCS. . In this post You can learn how to check tds refund status online and
When you receives salary slip, you can see one column showing HRA amount. Full form of HRA is house rent allowance. You can claim HRA exemption and save income tax on HRA received. Know HRA exemption calculation with examples u/s 10 (13A): Before I start, let’s see what you will learn from this post: