Allowances in Salary

This query is : Resolved 
Quick Summary
An employer is seeking clarification on whether employees can bifurcate their salary into components like Basic and HRA when filing their Income Tax Returns (ITR). This is in response to a consultant showing the entire salary under Section 17(1) for TDS purposes. However, if Form 16 only shows the gross salary without specific allowance breakdowns, the Central Processing Centre (CPC) may not permit such deductions.

Profile Image

Profile Image

(Querist)
25 July 2024 As a employer I have given salary to employees by various allowances like Basic, HRA, Other allowances.

But while filling TDS return consultant has shown entire salary under sec 17(1).

So can employees bifurcate this salary into Basic and HRA separately while filling ITR ?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
25 July 2024 Have you given them form 16? Or Salary certificate with all this bifurcation?
Profile Image

Deepak Londhe

Profile Image

Deepak Londhe (Querist)
29 July 2024 Form 16 is given, but salary bifurcation is not mentioned over their.
Only Gross Salary (Total sum of bifurcation)
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
29 July 2024 So, consider it as gross salary without any allowance. CPC will not allow any deduction without form 16 bifurcation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member saurabh sawlanisaurabh sawlaniPro Member Sunaram MarndiSunaram MarndiPro Member RajeshRajeshPro Member rameshwarrameshwarPro Member prashantprashant
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category