The tax seminar of the Income Tax Bar Association was organized on Friday late evening. In the seminar, scholarly speaker CA Govind Maheshwari gave important information about how to save income tax. He said that even after purchasing electronic vehicles, tax exemption can be availed. While chaired by the Intelligence Tax Department, the Chairman of the Direct Taxes Committee CA Deep Kumar Mishra said that whatever exemption under the Income Tax Act And taking advantage of the cuttings, it is mandatory for them to give all the information to the Income Tax Department. Do not hide your income from the department. The chairmanship of the seminar is the chairman of the association, Ed. Shiv Mangal Johri, Operations General Secretary CA Raj Gupta and thanksgiving Vice President Ed. Pradeep Dwivedi gave. Vyapari can also be taken, Govind Maheshwari said that if a merchant comes under the tax audit, then he employs new people, 30 percent of his salary, he has additional discount from his income, Section 80JJAA You can take up to 3 years under. Thus you can take exemption-by investing in National Pension Scheme (NPS), you can get an extra discount of 50 thousand in section 80CCD (1b) with Section 80CCD (1). Contribution to the given NPS will first be connected to the salary head of the employee, later under Section 80CCD (2) and the central government employees will get up to 14% discount. Section can take under 80DD.-If there is 80 percent or more, the same discount will be up to Rs 1,25,000.-If the taxpayer itself is crippled, then Rs 75,000 and disability if it is 80 percent or more then 1,25,000 if it is 80 percent or more. The exemption can be taken under Section 80U.-40,000 rupees on the expenses incurred on the treatment of certain diseases under 80DDB and a discount of up to Rs 1 lakh on the expenditure incurred on the treatment of senior citizens Can be found. The interest on education loans for studies done after 12th studies will be exempted from income under Section 80E for the next 8 years.-If you take the electronic vehicle on a loan, then it is given on that loan. Gaya interest can take a discount under 80EEA up to a maximum of Rs 1,50,000.-If it lives in the house of the CIRE, then under Section 80GG, it can take a discount of up to Rs 60,000. The taxpayer's income will be reduced under Section 80GGB/C. Copyright © 2022-23 DB corp ltd., All rights reservedthis website follows the DNPA Code of Ethics.
