Therefore tax planning is a must for all tax payer. One of the best way to save tax for those tax payers who have children who are either just entering college or going to take professional degree course, must think about not investing his own savings in education. Rather he should take the educational loan which is easily available these days. Thus , for at least 8 years he /she will have ways to deduct the income which will grow in future years. So here is the complete provision about deduction u/s 80E.
Full Story »Deduction of interest u/s 80E on educational loan simplified in six steps !
Ways to Save Tax on Capital Gains on Sale of Agricultural Land Within Municipal Limit?
My mother has a agriculture land within municipal limit of the city and about to sell it for 6cr. The agriculture land came to her via a will which was done by my grandmother in 1979. After grandmother died the land was transferred to my mothers name in 1999. She has been the owner for
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