Employee claiming Home loan principle and interest
and also submitting Rental receipt
and also claiming HRA in salary
clarify for rule position.
Karapa Murali (1 Points)
21 March 2024Employee claiming Home loan principle and interest
and also submitting Rental receipt
and also claiming HRA in salary
clarify for rule position.
sabyasachi mukherjee
(26083 Points)
Replied 21 March 2024
Yasaswi Gomes new
(Finance )
(4484 Points)
Replied 21 March 2024
gross pay= basic+hra+allowance+special allowance.
taxable income= gross pay - (pf+pt+esi)- standard dections 80c (loan falls here)
tax laibility on salary= slab rates total on taxable income-rebat+tds
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
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