Professional Tax Planning Strategies: How to Claim Your Entitlements - The Daily Scroll
Complete guide to Leave Travel Concession (LTC) for Defence personnel in India. Know rules, eligibility, block years, tax benefits, claim process & tips to maximise your LTC. SPONSORED: Howto Cut Investment Taxes. Our taxprofessionals are at your service for an open, weekly call to answer all of the tax questions you have about your business!Learn what strategies your existing plan is missing, or learn what it takes to create a plan. ClearTax is fast, safe and easy for ITR E-Filing. ClearTax handles all cases of Income from Salary, Interest Income, Capital Gains, House Property, Business and Profession. If it is claimed one year and your income is too high the next, you can claim on a βlook-back basisβ. Another quirky one is the single parentsβ relief toclaim even if the children only live with you for the holidays. Health Insurance Premium paid by your employer must be claimed separately. ProfessionTax, Directorate of Commercial Taxes,Government of West Bengal. If you claim a deduction for a deductible expense, you must have records. Examples include the cost of managing your tax affairs or gifts and donations you make to a deductible gift recipient. For most expenses you need a receipt or similar document as evidence of your expenses.