Hello , my company has gifted the employees and an equivalent amount is shown in my gross as gift voucher . Is there a way one can get expemtion ?

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Additional Posts in Tax savings

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

How much rent amount should I pay to get maximum tax deduction?

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

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Can I pay income tax challan using credit card?

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CTC 9.8L

Hello fishes, can we buy land/plot to save long term capital gain tax?

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

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Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

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Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

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