Tax planning-salary income
This query is : Resolved
14 March 2008
X is an employee of AB ltd whose salary structure is as follows:
1). basic and allowances Rs. 30 lakhs p.a.
2). Perks Rs. 18 Lakhs p.a.
Query:
a). What is the best salary structure to minimise the tax liablity?
b). whether the assessee "X" is benefited by claiming HRA or Rent free accommodation?
please Urgent.
1). basic and allowances Rs. 30 lakhs p.a.
2). Perks Rs. 18 Lakhs p.a.
Query:
a). What is the best salary structure to minimise the tax liablity?
b). whether the assessee "X" is benefited by claiming HRA or Rent free accommodation?
please Urgent.
Gayathri Devi
(Expert)
15 March 2008
Give the breakup of Perqs & allowances
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