The deduction is applicable on loans taken between 1 st April, 2020 and 31 st March 2022.
Amritesh is an experienced professional in the field of HR, Finance and Compliance.
In fact, Individuals with Income up to Rs 13 lacs may claim full exemption from paying tax by availing all the deductions eligible for the Financial Year 2022-23.
Income Tax Deductions Financial Year 2022-23 under Section 80C to 80U applicable under the Old Tax Regime has been discussed.
He primarily focuses on topics related to Personal Finance, HR, Compliance and Technology.
Premium paid for Self, Spouse, Dependent Children and any member of Hindu Undivided Family is eligible for deduction.
This deduction is available only in cases of specified diseases such as Cancer, Kidney Failure, AIDS, Haemophilia, Dementia, Neurological Disorder, etc.
The investment is eligible of deduction under Section 80C.