Sir, Beginning AY 2018-19, Salaried Tax Payers need to show a breakup of their salary details in the ITR1. Now in these columns in the new ITR, their is a column called "DEDUCTIONS U/S 16". Entertainment Allowance and other Professional Tax fall under Section 16.
Now, My employer is providing me Conveyance Allowance which is fully exempted under Section 10 of IT Act. HOW WILL I SHOW SECTION 10 DEDUCTIONS in the new ITR1 for AY 2018-19. Do I need to fill it in the above mentioned(secion 16) column?
CAclubindia
