tax planning

abdul rahaman (Querist) 25 January 2010 This query is : Resolved
dear sir,
kindly suggest the best taxplanning for the following case.
1) A doctor running a private clinic and earning well.
a) private trust
b) family partnership firm
c) Public charitable trust
d) to invest in mutual funds,etc

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A V Vishal (Expert) 25 January 2010
Without knowing the background it is tough advising in such situation only after personal discussion can a advise may be given.

Kumar Thadhani (Expert) 26 January 2010
Give a thorough background of your case that your are in general pratice or specialising in any medical field.To invest in mutual funds is limit fixed upto one lac in one financial year that too be invested before the end current fianancial year in order to claim its benefit for the assessment year in question.