i have recieved allowance of 1200 exempt under section 10 in form 16 from my employer. gross salary is 462580 after alownace 1200 it is 45058.
which is my total income to be filled in income tax e filing
i have recieved allowance of 1200 exempt under section 10 in form 16 from my employer. gross salary is 462580 after alownace 1200 it is 45058.
which is my total income to be filled in income tax e filing
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 04 August 2016
450580. Zeros missing!!
gautam thakur
(employee)
(111 Points)
Replied 04 August 2016
Nikita
(Assistant Chartered Accountant )
(38 Points)
Replied 05 August 2016
First u have to show it separately as allowance received n then take deduction u/s 10. So net taxable salary is 450580 assuming allowance is 12000
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