I am currently staying on lease taken by my employer and rent payment is Rs. 7500 p.m. The certain amount is getting is added as perquisite in gross salary upon which the employer is deducting tax at source from my salary.
Please let me know any way apart from investment under 80 C, I can save tax on this perquisite amount even though the rent is being directly by employer to the landlord and nothing is coming to me. Will submission of rent receipts to employer get me tax relief from this tax.
Certain amount is added as perquisite ? whether it is in respect of Rent Free House? I do not think it is so.
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It is not possible for you to produce the rent receipts, when lease rentals are directly being paid by the company.
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You can subscribe for Bonds which are notified for the pupose of Section 80CCF upto Rs. 20000/-
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Medi claim Premium for Your family upto 15000/- , and for Parents upto 15000/-( if parents are senior citizens upto 20000)
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