Get the app
IT Company Discussion
IT Company Discussion
on
ZoomyPotato
ZoomyPotato
TCS

Tax Refund

Off topic

Last year(23-24 financial year) Total Tax deduction was 60k. My total investment in 80C(PPF and ELSS) 48500 and in 80D -16000. So how much return I can expect after filing tax.

Tax regime- Old

I am new into this, so it may sound a foolish question but I want clear my concepts on Taxes.

18mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
TwirlyMochi
TwirlyMochi
Cognizant18mo

If you declare these investment before November or December in your company portal then no refund if not then you will get while filling ITR

ZoomyPotato
ZoomyPotato
TCS18mo

Total 60k return possible?

TwirlyMochi
TwirlyMochi
Cognizant18mo

Then u need to consult CA for that they know loop holes how to get refund 100%

PrancingCupcake
PrancingCupcake
PayTM18mo

Show the maximum HRA on the name of your parents, from the investment perspective you invested around 65k so you can save 20% of it at the max. If can take any Term Insurance/LIC on the backdate around 30March 2024 you can claim that too

Discover more
Curated from across