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Tax

Deductions Available to Individuals for AY 2024-25

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Filing income tax returns is an essential annual task for taxpayers in India. Understanding the various deductions available can significantly reduce your tax liability. This article provides a detailed overview of the deductions available to individuals for the Assessment Year (AY) 2024-25, helping you to make the most of the tax benefits offered by the Indian Income Tax Act. Key Deductions

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See also  Create an Excel sheet for FY 2023-24 with Auto Income Tax, Salary, Form 10E (U/s 89(1)), H.R.A. Calculation (U/s 10(13A)), Form 16 Part B, and Form 16 Part A&B
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