How to pay 0 tax on 20LPA package?

Any suggestions.

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Reach me on 8076806134,i could guide you

80 C1,50000, 80 D 75000 ,HRA( upto 6,50000) depends on your basic ,Home loan benefit 50 k in 80C and 1,50000 in 24 b,NPS by employee 80ccd (50 k) and 1,50000 nps by employer,Education loan interest ( no upper limit).80G ( donation to any ngo) , upto 84 k for uniform,80 TTA ( interest in savings account) ,Tax savings on EV vehicle

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Hi All,

I live with my mom (Property owner) in delhi and pay 16.5k pm as house rent for HRA deduction.

Now, she need some lumsum amount of 5 lakhs and I would like to pay this but also show this as house rent while filing ITR.

2 MAIN QUESTIONS -

1. Can I pay 5 lakh and show as house rent in HRA while filing ITR?
2. Total yearly rent is 16.5 × 12 = 198k. Can I show remaining amount i.e. 302k as Rent for next year?

Thanks in advance.

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Hi fishes, I have only one house property. But when I tried selecting ITR-1 for filing income tax, it shows a message in red mentioning I should select either ITR-2 or 3 since I have income from more than 1 house property. Should I go ahead and file with ITR-1 or do I need to get correction somewhere before filing the return?

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Can someone help me out as this is new to me, how can I save my taxes? (I have to file ITR 4)

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