26 as and itr 1
i want to clear my doubt regarding what amount to be filled in income frm salary in itr 1...whether total incme credited as per 26as or total incme credited minus exempt allowamces as per 26as to be filled in itr 1 in income from salary.
Replies (5)
Dear Sahil
Show Net Salary after deduction HRA, and other allowance under section 10 of income tax act 1961.
But you will have to show all the allowance seprately in the return.
Thnkew g..please clear one more thing g....i had to show the income i.e. total income credited as per 26as minus sec. 10 allowances in itr-1 ..item 1 income from salary because total income credoted in 26as includes all allowances.
Thnkew g..please clear one more thing g....i had to show the income i.e. total income credited as per 26as minus sec. 10 allowances in itr-1 ..item 1 income from salary because total income credoted in 26as includes all allowances.
Go through F16 there is column, "Income chargeable under the Head Salary"
Kk g...thnkew alot alot g...
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