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  1. TaxArithm
  2. FAQ
  3. Deductions

Deductions

Deductions

  • How do I Claim deductions for Tax Purpose?
  • Can I claim deduction for my personal and household expenses?
  • How can I maximize my tax savings with the help of Sukanya Samriddhi Yojana (Scheme)?
  • When can I close Sukanya Samriddhi Account prematurely?
  • If I fail to deposit minimum amount of Rs. 250/- in a year in Sukanya Samriddhi Account, then what will be the procedure to reactivate the account?
  • What happens in the case of the death of the Sukanya Samriddhi Account Holder / Depositor (i.e the guardian or parent of the girl child)?
  • Is it possible to get a loan against my Sukanya Samriddhi Account?
  • Can I close the Sukanya Samriddhi Account? or Can I withdraw money from Sukanya Samriddhi Account permanently?
  • Where can I open an Account under Sukanya Samriddhi Yojana?
  • Can someone who already has a PPF account open a Sukanya Samriddhi (SSY) account?
  • How many Sukanya Samriddhi Account Yojana (SSY) accounts can be opened?
  • Which documents must be presented in order to open a Sukanya Samriddhi Account?
  • Who is eligible to use the Sukanya Samriddhi Calculator?
  • What does Section 80U refer to in Income Tax Act,1961 ?
  • What are the eligibility criteria for claiming a deduction under Section 80U?
  • Can deduction u/s. 80U be claimed for Medical Disability of dependent person?
  • What steps are involved in claiming benefits under Section 80U?
  • What distinguishes Section 80U from Section 80DD in the Income Tax Act of India?
  • What does "dependants" mean under section 80DD?
  • What are the documents required to claim deductions under section 80DD of Income Tax Act,1961?
  • How can I claim HRA if it is not mentioned in FORM 16?
  • What tax benefits are available for self-employed individuals regarding their rent payments?
  • What happens if I pay the rent but do not get HRA?
  • Can I claim tax benefits for the education expenses of my children?
  • Are there any tax-saving investment options available to individuals?
  • Are medical expenses and health insurance premiums eligible for tax deductions?
  • Can I claim tax benefits for the interest paid on an education loan?
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