Computation of income
This query is : Resolved
Rohit Agrawal
(Querist)
31 March 2015
Dear expert pls solve the question below.how to compute salary income. My basic salary 50000, HRA 8000, Convence allowance 7000, Education allowance 2400, Books & periodcals 5000, Specail allowance 80000, professional tax 1500, Pf 8000. AY. 13-14
CA Mohit Bansal
(Expert)
31 March 2015
What is the amount of rent paid and city of residence. Investment details if any
Rohit Agrawal
(Querist)
31 March 2015
Rent 4500 pm and resident at rourkela. lic amount 14000
CA Mohit Bansal
(Expert)
31 March 2015
The figures given are per month or per anum?
Rohit Agrawal
(Querist)
31 March 2015
rent per month and lic per anum
Rohit Agrawal
(Querist)
31 March 2015
salary detail per anum
CA Mohit Bansal
(Expert)
31 March 2015
No tax is payable on your income as taxable income is only Rs.113900/- which is below exemption limit
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