I am working for a pvt company and having 4.5 lac/yr.There is no any source of income for me other then the service. Am suffering from Kidney failure and am on dialysis. am spending about 3.5lac/yr on my treatment. I get just Rs 50,000 as income tax exemption. could anyone guide how could I be exempted from Income tax
Let me tell u that as per my calculation for the F.Y.2009-10 your tax calculation comes to Rs.45320. Thus if your worried about income tax deduction as you say above upto 50000 then there is no question if any tax.
Whether completion certificate is required for claiming for home loan benefit for income tax?
Home loan is exempted from income tax, whether completion certificate is required to be submitted for this purpose.
No completion certificate is required and nothing to be produced. Till last year, the completion date was mentioned in the computation of total income as a note. Now no computation of total income at all after the interdiction of ITR forms. If you start paying the home loan installments (EMI), you can take that date as completion date and in case of inquiry if any, you should be able to prove the completion date. That is all.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment