TMI Blogcalculation for tds on salaryX X X X Extracts X X X X X X X X Extracts X X X X ..... calculation for tds on salary X X X X Extracts X X X X X X X X Extracts X X X X ..... me tax and what are the limitations for calculating tax on salaries Reply By CA Rachit Agarwal: The Reply: Exemptions: 1. Chlildren Allowance subject to prescribe limits 2. House Rent Allowance sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ject to fulfillment of certain conditions and limits 3. Tranpport Allowance 4. Expenditure incurred at the time of performance of the duties. 5. Others Reply By Vidya Sagar Jha: The Reply: 1) Tra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsport 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 X X X X Extracts X X X X X X X X Extracts X X X X
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