Tds on salary
This query is : Resolved
15 December 2014
employeer has paid rs 5,00,000 as salary and rs 1,00,000 as travelling allowance please suggest employeer calulate tax on rs 500000 +rs 100000 or rs 500000 and when file the ITR return in which coloum TA will be displayed
15 December 2014
travelling allowance paid wholly for the purposes of official duties is NOT taxable.In form 16 you can show such an allowance u/s 10.
If the travelling allowance is NOT for the purpose of official duty, it will be treated as part of salary and accordingly be shown in form 16
If the travelling allowance is NOT for the purpose of official duty, it will be treated as part of salary and accordingly be shown in form 16
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
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
