Easy Office
LCI Learning

Income tax

This query is : Resolved 

18 May 2010 If my total salary income Rs.170000/- and EPF employees contribution deduction 15000/- after epf employees contribution deduction my salary income below exemption limit Rs.160000/-i.e. total income salary for duction Rs.155000/-.Employer has given salary certificate after employess contribution deduction Rs.15000/-. Can I utilize EPF employees deduction Rs.5000/-(Rs.15000-10000) for calculation of my personal total income or other employer's salary income in ITR-2 ?

18 May 2010 Hi,
your taxable salary will be Rs.170000/- and you can claim deduction of Rs.15000/- for EPF u/s 80C in your income tax return.





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query