Employee claiming Home loan principle and interest
and also submitting Rental receipt
and also claiming HRA in salary
clarify for rule position.
Employee claiming Home loan principle and interest
and also submitting Rental receipt
and also claiming HRA in salary
clarify for rule position.
gross pay= basic+hra+allowance+special allowance.
taxable income= gross pay - (pf+pt+esi)- standard dections 80c (loan falls here)
tax laibility on salary= slab rates total on taxable income-rebat+tds
T R SOOD & CO
New Delhi
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
CA
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CAclubindia
