What is tax avoidance ?

What is tax avoidance ?

 

As you know tax planning is a legal way of tax saving. Government of India has provided many section for tax saving in the Income Tax Act,1961 such as
Section 80 C
Section 80 D
Section 80 DD
Section 80 E
Section 80 G
Section 80 GG
Section 24 b ( Interest paid on house loan )
Section 80 GGB
Section 80 IA
Section 80 IB
Section 80 IC
Section 80 ID
Section 80 TTA
Section 80 U
and many other section
we can pay zero tax on Rs.10,00,000 annual income with proper tax planning.

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