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	<title>Mukesh Patel</title>
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	<link>http://mukeshpatel.in</link>
	<description>practical tax &#38; investment planning online</description>
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		<title>BANK ON TERM DEPOSITS FOR AVAILING TAX SAVING</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/bank-on-term-deposits-for-availing-tax-saving/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/bank-on-term-deposits-for-availing-tax-saving/#comments</comments>
		<pubDate>Sun, 12 Feb 2012 18:30:19 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[HUF]]></category>
		<category><![CDATA[NRI]]></category>
		<category><![CDATA[PF/PPF]]></category>
		<category><![CDATA[Tax Saving]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=506</guid>
		<description><![CDATA[Investing in the ‘Tax Saving Deposit Scheme’ can be a great choice for NRIs &#38; HUFs who cannot invest in PPF!               The Finance Act, 2006 enlarged the scope of investments and allocations eligible for deduction under Section 80C of the Income-tax Act through the inclusion of ‘a term deposit [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TAX FREE MEDICAL PERKS</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/tax-free-medical-perks/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/tax-free-medical-perks/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 18:30:45 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Deductions]]></category>
		<category><![CDATA[Taxfree Perks]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=504</guid>
		<description><![CDATA[ Salaried employees enjoy special tax shelter for various reimbursements of medical expenditure for self &#38; family!                     Section 17(2) of the Income-tax Act provides for taxability of perquisites in the hands of a salaried employee. In this context, a salaried employee must plan to take the benefit [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ZOOZOO WINS THE TAX BATTLE!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/zoozoo-wins-the-tax-battle/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/zoozoo-wins-the-tax-battle/#comments</comments>
		<pubDate>Sun, 29 Jan 2012 18:30:39 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=499</guid>
		<description><![CDATA[Supreme Court’s verdict in Rs.11,000 crore Vodafone case A big shot in the arm for global investment in India!               One of the most sensational cases ever, in the history of Indian Income-tax, came to be decided by the Supreme Court on January, 20, 2012. The Vodafone ruling, involving [...]]]></description>
		<wfw:commentRss>http://mukeshpatel.in/save-tax-the-smart-way/zoozoo-wins-the-tax-battle/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CLUBBING PROVISIONS FOR MINOR’S INCOME!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/clubbing-provisions-for-minors-income/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/clubbing-provisions-for-minors-income/#comments</comments>
		<pubDate>Sun, 22 Jan 2012 18:30:01 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Clubbing Provisions]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=495</guid>
		<description><![CDATA[Exemption for minor’s income fixed at Rs.1,500 in 1992 Has not been revised even after 20 years of the provision! Until 1991-92, all income of a minor, other than that covered by the special clubbing provisions of Section 64 of the Income-tax Act was entitled to independent assessment in his own hands. Circumventing the said [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>WELCOME RELIEF FOR  HOUSING DEVELOPERS!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/welcome-relief-for-housing-developers/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/welcome-relief-for-housing-developers/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 18:30:21 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Deductions]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=493</guid>
		<description><![CDATA[Gujarat HC confirms ITAT’s liberal interpretation on tax holiday for residential projects u/s. 80IB(10)        Housing developers having undertaken the business of developing and building residential housing projects, with a view to avail 100% deduction in respect of their profits as prescribed under Section 80IB(10) of the Income-tax Act, can truly heave a sigh [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PRACTICAL TIPS ON  CLAIMING TAX REFUND</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/practical-tips-on-claiming-tax-refund/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/practical-tips-on-claiming-tax-refund/#comments</comments>
		<pubDate>Sun, 08 Jan 2012 18:30:53 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Tax Refund]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=486</guid>
		<description><![CDATA[Although, tax refund must be claimed within one year from end of the assessment year, there is a remedy for belated &#38; additional claims!                       There may be situations where considering the amount of tax deducted at source from the income of the taxpayer or [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FISCAL RESOLUTIONS FOR THE NEW YEAR!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/fiscal-resolutions-for-the-new-year/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/fiscal-resolutions-for-the-new-year/#comments</comments>
		<pubDate>Sun, 01 Jan 2012 18:30:31 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=484</guid>
		<description><![CDATA[Managing your wealth requires more skill than creating it!   On this first working day of 2012, this is wishing all AM readers a very happy &#38; prosperous New Year with some food for thought to make smart fiscal resolutions for the New Year! Always remember that “managing your wealth requires more skill than creating [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PENSIONS &amp; SOCIAL SECURITY FROM US &amp; UK TAX EXEMPT!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/pensions-social-security-from-us-uk-tax-exempt/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/pensions-social-security-from-us-uk-tax-exempt/#comments</comments>
		<pubDate>Sun, 25 Dec 2011 18:30:19 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Family Pension]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=481</guid>
		<description><![CDATA[Family Pension received by a Widow is entitled to Standard Deduction at 33.33%, subject to a maximum of Rs.30,000   Today’s write-up deals with some interesting issues relating to taxability of dues, family pension etc. received by legal heirs of a deceased employee, receipt of commuted pension by specified employees and Public Pensions/Social Security payments received [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TAX STIMULUS FOR MEDICAL INSURANCE</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/tax-stimulus-for-medical-insurance-2/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/tax-stimulus-for-medical-insurance-2/#comments</comments>
		<pubDate>Mon, 19 Dec 2011 18:30:45 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Deduction]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=475</guid>
		<description><![CDATA[Section 80D allows deduction of Rs.15,000 for covering insurance for own family &#38; additional Rs.15,000 for premium paid for parents Medical Insurance is becoming increasingly popular in India with the increasing cost of medical treatment and hospitalization expenses. The benefit of having a medical insurance is that by making a small payment of insurance premium, [...]]]></description>
		<wfw:commentRss>http://mukeshpatel.in/save-tax-the-smart-way/tax-stimulus-for-medical-insurance-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>WEALTH-TAX SHELTER FOR RESIDENTIAL HOUSE!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/wealth-tax-shelter-for-residential-house/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/wealth-tax-shelter-for-residential-house/#comments</comments>
		<pubDate>Sun, 11 Dec 2011 18:30:59 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=471</guid>
		<description><![CDATA[One house or an open plot of land of upto 500 sq.mtr. is treated fully exempt from Wealth-tax irrespective of its value! Under the present scheme for levy of Wealth-tax, all ‘productive assets’ are excluded from the definition of the term ‘assets liable to Wealth-tax.’ Accordingly, in respect of house property, the following have been [...]]]></description>
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