First-time homebuyers can claim income tax benefits under three sections of the income tax act.
Currently, liquefied petroleum gas (LPG) stoves are the most commonly used ones across the country for cooking.
An individual taxpayer can claim a deduction of up to ₹25,000 for the health insurance premium of self, spouse and dependent children.
While the due date to file ITR for FY 2019-20 is January 10, 2021, the last date is March 31, 2021.
ITR 5 is used by partnership firms and LLPs.