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Income tax rebate and employee profession tax deduction

This query is : Resolved 

04 May 2018 Can some one please explain when is rebate on IT is applicable? For A.Y 2019-20.

Where do we need to show the deduction made by the employer monthly basis? Monthly they deduct 200 from our salry along with PF. Under which section PF and EPF need to show it?

04 May 2018 PT should be claimed under 16 from gross income ,employee PF deduction is eligible for chapter VIA Deductions. For 2018 you can claim standard deduction not rebate Rs.40000/- u/s 16

06 May 2018 If you ITR -1 OR 2 in Salary column ( Schedule S: head salaries income computation) -
You will find amout paid on prof.
"Deduction u/s 16 (Entertainment allowance by Government and tax on employment)" = 200x12=2400 .
It will be deducted from Income chargable under Head Salary .
OK


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