Regarding Saving of Income tax of FY 2024-25
This query is : Resolved
04 March 2025
Respected Colleagues,
A person have a gross salary approx 8,00,000/- in FY 2024-25, now i want to know what are the eligible deductions and planning to save from income tax because upto 7.75 lakhs exempt but excess 25000/- income makes a problem , TDS already been deducted by the employer, but in july we want to file ITR with eligible claims, so we will get full refund......... please share your valuable advice for the same?
A person have a gross salary approx 8,00,000/- in FY 2024-25, now i want to know what are the eligible deductions and planning to save from income tax because upto 7.75 lakhs exempt but excess 25000/- income makes a problem , TDS already been deducted by the employer, but in july we want to file ITR with eligible claims, so we will get full refund......... please share your valuable advice for the same?
07 March 2025
Income not Taxable in New Tax Regime
Transport allowance if provided to specially-abled persons.
A conveyance allowance was received as compensation for the expenditure incurred as a part of the employment.
Allowance is received to meet the expenses of tour, transfer, or travel.
Daily allowance received in order to meet the ordinary expenses due to his absence from the place of duty.
Perquisites received for official purposes.
Transport allowance if provided to specially-abled persons.
A conveyance allowance was received as compensation for the expenditure incurred as a part of the employment.
Allowance is received to meet the expenses of tour, transfer, or travel.
Daily allowance received in order to meet the ordinary expenses due to his absence from the place of duty.
Perquisites received for official purposes.
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07 March 2025
Thanku you sir...................
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07 March 2025
You are welcome.
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