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Income tax return

Just a small tip regarding filing IT return:

In the Total salary calculation, deduction under section 10 for HRA is to be calculated, and the subtracted amount is to be entered as salary. Professional taxes if any paid are also to be deducted before salary is entered.

The total deductions under Section 80C can only be a maximum of Rs 1,50,000. (AY 2015-16)

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Dr Joel G Mathew works as a Medical Officer in the Kerala State Insurance Medical Services. He blogs on stories of public interest.

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