Tax Saving Sections for the Financial Year.2019-20 (as per Finance Budget 2019)

Section 80C/80CCC/80CCD: Investment in EPF, ELSS, PPF, FD, NPS, NSC, Pension Plans, Life Insurance, SCSS, SSA and NPS. Also includes Home Loan Principal repayment, Tuition Fees, Stamp Duty (Best Tax Saving Investments u/s 80C)

Section 80CCD(1B): Investment in NPS (Should you Invest Rs 50,000 in NPS to Save Tax u/s 80CCD (1B)
 
  The main feature of this Excel Utility:-
1)   Prepare At time 100 Employees  Excel Based  Form 16 Part B ( Modified Format of Form 16 Part B Vide CBDT Notification No.36/2019 Dated 12/04/2019 ]
2)   All the Amended Income Tax Section have in this utility as per Budget 2019
3)   You can print individual Form 16 Part  B
4)   Most easy to install just like an Excel File
5)   Easy to Fill the all column
6)   Automatic Convert the Amount to the In-Words
Section 24B: Interest paid on Home Loan for Self occupied homes. Budget 2017 has capped the restrict to Rs 2 Lakhs for both rented and self-occupied house. You can get the Tax Benefit on both HRA & Home Loan also.

Section 80EE: Additional exemption on Home Loan Interest for First time home buyers.

Section 80E: Interest paid on Education Loan. No upper/lower Limit! (Tax Benefit on Education Loan (Sec 80E)
Section 80D: Premium payment for medical insurance for self and parents. Also consists of Rs 5,000 restriction for  preventive fitness checkup


Section 80DDB: Treatment of Serious contamination for self and dependents (Limit of Rs 80,000 for man or woman above 80 years, Rs 60,000 for individual above 60 years and Rs 40,000 for rest)

Section 80U: Physically Disabled Tax payer (Rs 75,000 for 40% to 80disability and Rs 1,25,000 for more than eighty%)


Section 80DD: Physically Disabled Dependent (Rs 75,000 for 40% to 80disability and Rs 1,25,000 for extra than eighty%)

Section 80G: Donation to approved charitable price range like Prime Minister Relief fund, etc

Section 80TTA: Interest received in Savings Account Max Rs. 40,000/-

Section 87A: Tax Rebate Max Rs. 12,500/- who’s taxable Income less than 5 laks ( Amended in the Budget 2019)

Section 80GG: In case you do no longer receive HRA from business enterprise or are self-employed but NO residence in your name (Claim Tax Benefit for Rent Paid u/s 80GG)
 

 
 The main feature of this Excel Utility:-
7)   Prepare At time 100 Employees  Excel Based  Form 16 Part A&B ( Modified Format of Form 16 Part B Vide CBDT Notification No.36/2019 Dated 12/04/2019 ]
8)   All the Amended Income Tax Section have in this utility as per Budget 2019
9)   You can print individual Form 16 Part  A&B
10)                     Most easy to install just like an Excel File
11)                     Easy to Fill the all column



12)                     Automatic Convert the Amount to the In-Words