calculate the taxable income under salary head

1113 views
User Avatar

STUDENT CS
179 Points Posted on 31 July 2010

 

my freind salary detail is mentioned below during the financial year   2009-10

 

& he is living in ludhiana  
 
 
                                               Amount
CCA                                              5333
CONV                                            7737
ERN_BASIC                                  95166
FIX_ALL                                        2381
HMA                                              7987
HRA                                               28555
SPL_ALL                                         5761
VALL                                               5333
BONUS 2008-09                             6258
LWW                                              3988
 
TOTAL AMOUNT                          168499
 
 
& his contribution to PF is   11416/-
 
what is the taxable income ?
 
 

Reply Share Follow Topic
On 31 July 2010 at 11:08 Report
Replies (1)
User Avatar

Service
39 Points Posted on 22 October 2010

Kindly clarify the following terms

FIX_ALL

HMA

VALL

LWW

 

Also let me know the amount of rent he is paying against the HRA, since it would be required to calculate HRA exempt.

However, all the calculations would be made by the employer at year end and deduct TDS equal to the tax liability

Reply
On 22 October 2010 at 13:45

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GSTR-9 Table 8A Portal and Excel Issues
  2. IGST on Commercial Rental Income (Different State)
  3. Revocation of suo moto cancelled GST registration
  4. Is there any faculty taking chapterwise test in CA
  5. Late Fees and Interest
  6. HDFC Bank’s Bureaucracy: The Nightmare of Fl
  7. Running a CSC Center, Maha E-Seva Kendra, Setu Ken
  8. GSTR-9 Table 8A issue
  9. CA Inter Coaching institutes at Hyderabad
  10. Looking for practising CA

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details