Tax query

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Hi

I am working in a IT company.Our company director receiving salary from company because he paying services to company so i have a question,

Can a director of a company can claim HRA exemption and 80c deductions ?

 

Replies (2)

Hi

 

Yes he can claim both HRA & 80C deduction against his salary income.

 

Thanks

Hi,

HRA Deduction:-

If Salary breakup inculed HRA allowances then he can claim HRA deduction

80C:-

The exemption of Sec 80C is available to Individual, HUF. So, He is eligible for claim 80C exepmtion.

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