INCOME TAX DEDUCTIONS U/S 80DDB WITH AUTOMATED 100 EMPLOYES MASTER OF FORM 16 F.Y 2019-20 & AY 2020-21

Section 80DDB An individual (less than 60 years of age) can claim up to Rs 40,000 for the treatment of specified critical ailments. This can also be claimed on behalf of the dependents. The tax deduction limit under this section for Senior Citizens Read more

Additional Home Loan Tax Deduction in Budget 2019 under Section 80EE, With Automated Income Tax Form 16 Part A&B for the F.Y. 2018-19 in new format of Form 16 Part B

Spending limit 2019 proposes the addition of section 80EE to build the advantage of Tax Deduction on the intrigue paid towards home credit up to Rs 45 lakhs for reasonable lodging. The extra duty derivation of Rs 1.50 lakhs is Read more