Dear HR Team,
Please find below the useful links for saving on income tax:
- [How to save tax on income | investmentbazar](http://www.investmentbazar.com/save-income-tax/) (Transport Allow)
- [Reimbursement of Medical Expenses - R.N. Lakhotia | Taxation and Financial Concerns](http://taxingsalaried.blogspot.com/2008/12/reimbursement-of-medical-expenses-rn.html) (For Medical Reim)
Thanks & Regards,
GARAJ
From India, Mumbai
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1Please find below the useful links for saving on income tax:
- [How to save tax on income | investmentbazar](http://www.investmentbazar.com/save-income-tax/) (Transport Allow)
- [Reimbursement of Medical Expenses - R.N. Lakhotia | Taxation and Financial Concerns](http://taxingsalaried.blogspot.com/2008/12/reimbursement-of-medical-expenses-rn.html) (For Medical Reim)
Thanks & Regards,
GARAJ
From India, Mumbai
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Ideally, one cannot save oneself from paying income tax. What is shown in the links are income tax rules and not methods of saving tax.
Everyone in our country follows the golden rule to find loopholes in our IT laws with the help of chartered accountants who specially serve for this purpose, and it's an open secret. Thanks to our long, complicated, complex, absurd, and unclear tax rules, there is enough scope for everyone to find loopholes if you have the right contacts. A single raid to any of the chartered accountant offices will reveal hidden wealth of their customers equivalent to more than 100 individual raids.
Regards
From India, Mumbai
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Everyone in our country follows the golden rule to find loopholes in our IT laws with the help of chartered accountants who specially serve for this purpose, and it's an open secret. Thanks to our long, complicated, complex, absurd, and unclear tax rules, there is enough scope for everyone to find loopholes if you have the right contacts. A single raid to any of the chartered accountant offices will reveal hidden wealth of their customers equivalent to more than 100 individual raids.
Regards
From India, Mumbai
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Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf
Income Tax Calculator.xls