Annual tax liablity -TDS
This query is : Resolved
27 July 2020
Annual salary Basic Rs 253,020.00 HRA Rs132,00.00, Annaul rent for flat Rs264,00.00 Non-metro city, Agricultural income per annum Rs 150,000.00 Rental income Rs.126,000.00 ,bank interest income Rs1500.00 can anyone help me to compute the annual income liablity.
27 July 2020
you may use excel calculator online through search.
As per my view, all are taxable component
Basic, HRA, Agriculture income, Rent Income,
HRA some part is exempt, Saving bank interest is also exempt, PF is also deductible. if some other life insurance/health insurance and investment in PPF/NSC/NPS is also deduction allow.
As per my view, all are taxable component
Basic, HRA, Agriculture income, Rent Income,
HRA some part is exempt, Saving bank interest is also exempt, PF is also deductible. if some other life insurance/health insurance and investment in PPF/NSC/NPS is also deduction allow.
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
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
