New income tax return itr1 for ay 2016-16
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 July 2015
Sir as per form 16 I am having Exempt income as under:
Medical Reimbursement Rs.15000/-Conveyance allowance Rs.9600/- and House Rent Allowance Rs.65376/- Total is Rs.89976/- also in addition to this Tax on Employment is Rs.2500/- thus total Rs. 92476/-.My small query while filling up ITR1 on the sheet for Taxes paid and verification SR.NO.26 is it necessary to mention this amount towards exempt income?Please guide me to enable me to complete my ITR filing.Thanks in advance
Medical Reimbursement Rs.15000/-Conveyance allowance Rs.9600/- and House Rent Allowance Rs.65376/- Total is Rs.89976/- also in addition to this Tax on Employment is Rs.2500/- thus total Rs. 92476/-.My small query while filling up ITR1 on the sheet for Taxes paid and verification SR.NO.26 is it necessary to mention this amount towards exempt income?Please guide me to enable me to complete my ITR filing.Thanks in advance
Nikhil Kaushik
(Expert)
10 July 2015
ideally it should be though not many people report the exempt income properly...
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