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My estimated income for the financial Year 2009-10 will be
485000/- please make a tax plan to escape legally from
paying taxes

Answer Posted / manish.panchal

485000.00 Gross Income
Less : 180000.00 Deduction Available in Income Tax.
Bal. : 305000.00 Taxable Income ( A )

Deductions you can Avail
9600.00 You can deduct as Conveyance Exps.
50000.00 You can deposit in PPF.
100000.00 You can buy NSC.
2500.00 Your PT deductions
Your Housing Loan, Car Loan Etc. at actual
you can claim.

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