SIR,
AN EMPLOYEE GOT GROSS SALARY OF RS.270876/- (INCLUDES ONLY BAIC-117000+HRA-58000+SPECIAL ALLO-95876)
HE IS LIVING IN CHENNAI. CAN I DEDUCT 40% OF THE HRA STRAIGHT AWAY FROM HIS GROSS ?
IS IT CORRECT?
THANKS,
Menu
HRA 40% FOR CHENNAI
Replies (1)
HRA is a specific calculation you should follow that
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
