22 June 2016
My query is regarding the Tax exemption (Non Govt employee) in following case:
Suppose my basic salary: 30000 My HRA is @ 35% of Basic: 10500 And I am living in company provided accommodation and for that I am paying 2475 PM on account of Rent and perquisite value is also added by company during the calculation of my taxable income.
Query: My family (Wife & Parents) living in another house and for that I am paying rent @ 10000 Rs PM but company allowed me tax benefit only on 2475 so please advise can I avail additional tax benefit on account my family rental amount separately during filling of income tax return through self assessment.
CAclubindia
