DEAR EXPERT
MY SALARY INCOME IS 877670/- IN WITCH I CLAIM
HRA = 57294
Conveyance Allowance = 19200
Telephone Reimbursement = 2560 AFTER THAT MY TAXABLE INCOME IS 798616/-
NOW I CLAIM
LIC = 106000
MEDICAL OLICY = 30184 AFTER THAT MY TAXABLE INCOME IS 662432/-
I CALCULATE INCOME TAX ON IT
250000 = NIL
412432 x 5% = 20622/-
BUT WHEN I FILL ITR 1 SAHAJ INCOME TAX SHOW HERE 44986 + CESS 1350 TOTAL 46336/-
PLEASE TELL ME WHERE I M WRONG. AND PLEASE SEND ME A COMPLATE TAX COMPUTATION.
PLEASE
PLEASE
ITS URGENT !