Tds
This query is : Resolved
16 July 2013
while computing TDS on salary whether HRA is included in salary. if included whether it is taxable HRA or Gross HRA.
16 July 2013
Yes HRA is a part of Salary and is included in salary while computing TDS. Total HRA is included and then amount exempt u/s 10(13A) is excuded. So effectively only taxable HRA is included.
25 August 2013
HRA tax-ability depends on the calculations as per section 10(13A) If there is excess of HRA then it is to be taxed and tax is payable on that portion which is to be taxed. It also depends on the place of residence and how you are paying the House Rent. so on and so forth.
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
- Opting our of sec 44AD
- Copyright software
- Transporter Declaration form
- Multiple trade mark
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Tds UNDER SECTION 195 INTEREST PAID TO NRI DIRECTOR
- 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
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
