I am salary class individual with Total income from salary is Rs 553900. After deduction of Rs 12100 as exempt under Sect 10 and Rs 18720 as deduction under sect 80C (PPF contribution)
Tax of Rs 35781 + education cess ie total of 36854 has been deducted as TDS as form 16
further I have additional income of rs 198389 from Pension (previous service)
Also I have paid housing loan interest of Rs 132929 during the financial year and Rs 6398 as LIC premium
I want to know std deductions and various exemption in my case inorder to efile my return.
Asked 3 years ago in Income Tax from Pune, Maharashtra
interest on housing loan u/s 24 Rs 2,00,000/- in case house is self occupied property and full amount of interest without any limit if the house is let out.