Deductions for assessment year 2013-14
This query is : Resolved
10 May 2012
Dear Sir / Madam,
Kindly provide revised Deductions allowable for salaried employees for the Assessment year 2013-14 with notification
Regards,
Philip J.
Kindly provide revised Deductions allowable for salaried employees for the Assessment year 2013-14 with notification
Regards,
Philip J.
chaitanya cherukuri
(Expert)
10 May 2012
For revised Deductions you can easily any ready tax reckoner. dont be that much lazy
CA CS Amit S. Kedia
(Expert)
10 May 2012
Amendment in taxation of salaried employee-
Basic Limit- Raised to Rs. 2 lakhs
Deduction-
U/s 80CCG- Max Rs 25000 ( 50% of amount invested in equity scheme)
U/s 80TTA- Max Rs. 10,000( Interest on saving bank Account)
This may not be exhaustive list of amendments.
Basic Limit- Raised to Rs. 2 lakhs
Deduction-
U/s 80CCG- Max Rs 25000 ( 50% of amount invested in equity scheme)
U/s 80TTA- Max Rs. 10,000( Interest on saving bank Account)
This may not be exhaustive list of amendments.
chaitanya cherukuri
(Expert)
10 May 2012
There is no at all called Section 80 TTA
CA CS Amit S. Kedia
(Expert)
10 May 2012
Mr. Chaitanya,
I request you to update yourself by reading finace bill, 2012 wherein both the sections are incorporated.
I dont know, how you have raised query for only one section!!!
I request you to update yourself by reading finace bill, 2012 wherein both the sections are incorporated.
I dont know, how you have raised query for only one section!!!
CA CS Amit S. Kedia
(Expert)
10 May 2012
Mr. Chaitanya,
I request you to update yourself by reading finance bill, 2012 wherein both the sections are incorporated.
I dont know, how you have raised query for only one section!!!
I request you to update yourself by reading finance bill, 2012 wherein both the sections are incorporated.
I dont know, how you have raised query for only one section!!!
chaitanya cherukuri
(Expert)
10 May 2012
I dont know this. but, the income tax department has not updated the same.
chaitanya cherukuri
(Expert)
10 May 2012
K Fine there is a deduction u/s 80TTA. Just now verified it in a book
CA CS Amit S. Kedia
(Expert)
10 May 2012
You dont know that is why I am requesting you to read the finance bill very carefully.
Section 80CCG is also not updated by the dept.
Always make the comment in proper way.
Thanks.
Section 80CCG is also not updated by the dept.
Always make the comment in proper way.
Thanks.
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