Ans 1. You need to file the ITR 1. Ans 2. Go thorough the full ITR 1and u will find a column for filling the TAX on Employment and you do need to show the conveyance allowance in fact you need to show your salary as the amount shown in the form 16 written as INCOME CHARGEABLE UNDER HEAD SALARY. If this amount has not been reduced by Con. Allowance then reduce this by the same and put it on ITR Form. For more clarification write back here again!
30 April 2016
If Exempt Income is More Than Rs.5000/- than you have to file ITR-2. Don't forget to show other incomes also. It is better to take experts help in filing the ITR.
Abhishek Ranjan Singh ARS Solutions www.arssolutions.co.in +919022838615 Disclaimer - Before making any decisions do consult the experts. We do not take any responsibility for misrepresentation or interpretation of act or rules. Neither we nor the firm accepts any liability for the loss or damage of any kind arising out of information in this document or for any action taken in reliance there on.
30 April 2016
PF and Conveyance Allowance Income are part of Salary, it will not to show as exempt income.
Abhishek Ranjan Singh ARS Solutions www.arssolutions.co.in +919022838615 Disclaimer - Before making any decisions do consult the experts. We do not take any responsibility for misrepresentation or interpretation of act or rules. Neither we nor the firm accepts any liability for the loss or damage of any kind arising out of information in this document or for any action taken in reliance there on.
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