11 hidden / unpopular / less known tax deduction or benefit Salaried Taxpayer miss while filing Income Tax Returns
1)Taken Home loan from Friends or Relative to buy new house? Interest payment can be claimed as a deduction under section 24.
2)Exemption on medical bills of uninsured parents - If you have senior citizen parents who are not covered under any insurance policy but took medical treatment, taxpayers can claim a deduction on their medical bills u/s Section 80D up to Rs 50,000
3)Preventive health check-up limit of Rs. 5000 for self, spouse and dependent children section 80D
4)Not receiving HRA from Employer? Can still claim rent paid deduction u/s 80GG – maximum Rs 60,000/-