Salary deducted without considering house rent
This query is : Resolved
23 September 2013
Sir,
In our companies salary package,salary does not split as Basic+DA+HRA+other allowance. But I have pay 6000/month as rent. My employer does not consider this and he calculate tds for my gross salary.
I know HRA calculation for IT
1- 40% of salary
2-actual rent-10% salary
3-Actual HRA
But in my case what to do if there is no HRA in my salary package. Can I deduct my actual rent from my salary?
Please help me to reduce my tax burden and kindly give a detailed note about it.
In our companies salary package,salary does not split as Basic+DA+HRA+other allowance. But I have pay 6000/month as rent. My employer does not consider this and he calculate tds for my gross salary.
I know HRA calculation for IT
1- 40% of salary
2-actual rent-10% salary
3-Actual HRA
But in my case what to do if there is no HRA in my salary package. Can I deduct my actual rent from my salary?
Please help me to reduce my tax burden and kindly give a detailed note about it.
23 September 2013
Dear Jaseem,
Unless and until, you are in receipt of HRA, you cannot claim benefit for the rent paid. However, you can claim benefit under Section 80GG.
Unless and until, you are in receipt of HRA, you cannot claim benefit for the rent paid. However, you can claim benefit under Section 80GG.
Message likes :
1 times
24 September 2013
Thank you sir,
Sir I have one more doubt,
Can I deduct 800 p.m as my conveyance expense? Though in my salary package conveyance allowance not include, I have spend around 1200 as my conveyance expense.
Kindly advice me
Sir I have one more doubt,
Can I deduct 800 p.m as my conveyance expense? Though in my salary package conveyance allowance not include, I have spend around 1200 as my conveyance expense.
Kindly advice me
24 September 2013
Dear Jaseem,
If your salary structure doesnt provide for travel allowance, then you cannot claim it.
If your salary structure doesnt provide for travel allowance, then you cannot claim it.
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Value of property in capital gain
- LC charges in relation to Asset purchased should be Capitalised ?
- FORM 26A APPLICABILITY
- Before GSTAT- APL-02 Vs APL-04
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
