
Income Tax Saving Under Section 24, 80E, 80G, 80TTA and 80RRB
Section 80 C is related to savings, Investment and retirement planning. While section 80 D and 80 U are related to health. Individuals saving money in Health insurance as well as making expenses in health related issue are covered under this section. Now remaining sections applicable for middle class are Section 24, 80E, 80GG, 80TTA, 80G, 80GGB, 80GGC and 80RRB are explained in following article: Section 24: Income Tax Benefit on Interest on Home Loan Deduction is allowed for the payment of interest on home loan under Section 24 of the Income Tax Act. Income from House Property shall be Continue Reading »