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calculation for tds on salary, Income Tax |
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calculation for tds on salary |
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which items are excempted from income tax and what are the limitations for calculating tax on salaries
Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Exemptions: 1. Chlildren Allowance subject to prescribe limits 2. House Rent Allowance subject to fulfillment of certain conditions and limits 3. Tranpport Allowance 4. Expenditure incurred at the time of performance of the duties. 5. Others
1) Transport Allowances @ 800 p.m. 2) Tuition Fees of Children 3) HRA 4) U/s-80C : Maximum Investment to Rs.1 Lacs 5) U/s 24b : Interest on Housing Loan Page: 1 Old Query - New Comments are closed. |
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