Regarding salary.
This query is : Resolved
28 May 2010
VERY URGENT.......
can any one hepl me for following,
If my monthly salary is 100000/- p.m. in FY 2009-10 so my whole year salary is 13,00,000/- which include one salary bonus but the limit is 160,000/- p.a. for tax examption now my query is that can any one suggest me how can i bifurcate my salary in different heads so i save my tax. also my company not gives me salary bifurcation at the end of the every month I get Cheque of Rs 100,000/-
can any one hepl me for following,
If my monthly salary is 100000/- p.m. in FY 2009-10 so my whole year salary is 13,00,000/- which include one salary bonus but the limit is 160,000/- p.a. for tax examption now my query is that can any one suggest me how can i bifurcate my salary in different heads so i save my tax. also my company not gives me salary bifurcation at the end of the every month I get Cheque of Rs 100,000/-
E V SRI KRISHNA
(Expert)
28 May 2010
You cannot bifurcate the salary as per your convenience. The employer has to concur with the salary structure. If the employer pays a consolidated amount, then you will lose the advantages of HRA, Conveyance Allowance, etc., Therefore, check your employer and take appointment with a detailed salary structure.
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
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
