Individuals can claim deductions on certain investments and expenses taken during the financial year.
Steps dd deductions
- In the Filing tab, navigate to work on your tax return
- Tap on the [+] button to open shortcuts
- Select the deductions applicable to you (from popular and other deductions)
- Enter all the required details
- Tap on the save
On the next screen, you will be able to see deduction details.
Note: The preview of the deductions shows the deduction amount entered and the eligible amount of deduction a tax payer gets as per the Income Tax Act.