Tds
This query is : Resolved
28 June 2013
Respected Sir,
If a salaried employee is paying rent, company is not giving any HRA facility.
Whether any benefit will be available for the rent paid in the TDS calculation on the salary income???
If a salaried employee is paying rent, company is not giving any HRA facility.
Whether any benefit will be available for the rent paid in the TDS calculation on the salary income???
28 June 2013
Though he can not claim any benefit during the TDS process performed by the company, but he may opt to resort a lesser attractive deduction under Section 80GG, while filing his return.
28 June 2013
Respected Sir,
If company is not paying any HRA, can he claim exemption u/s 10(13A), for the lower of Actual rent paid or limit specified ???
If company is not paying any HRA, can he claim exemption u/s 10(13A), for the lower of Actual rent paid or limit specified ???
28 June 2013
For calculating exemption U/s 10(13A) one of the 3 criteria is HRA.
.
Minimum of the 3 criteria is allowed as exemption. HRA being 0 will be the minimum, and exemption allowable will be NIL.
.
The exemption is claimed out of HRA only. When there is no HRA -no exemption can be claimed.
.
.
Minimum of the 3 criteria is allowed as exemption. HRA being 0 will be the minimum, and exemption allowable will be NIL.
.
The exemption is claimed out of HRA only. When there is no HRA -no exemption can be claimed.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Cash balance limit and property purchases limit
- NRI starting business in India
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Journal entry of busniess expenses
- Bank details not Visible on Traces Portal
- Invertaded duty struture
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
