Hi,
My friend having total annual salary of rs.300000/- and now he want to file ITR with exemption of rs.96000/- annual as HRA and rest of payment will be paid according to tax (bal.4000/100x10%=400 tax paid to Govt.)
Is it possible/ applicable.??????
YES he can get deduction u/s 10 and should file under ITR1 if he has only Salary income.
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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O P Bagla & Co LLP
New Delhi
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