suresh kumar garg (accountant) (111 Points)
27 June 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177928 Points)
Replied 27 June 2018
The Dearness Allowance is a cost of living adjustment allowance paid to Government employees, Public sector employees (PSU)and pensioners.
Dearness Allowance is calculated as a percentage of employee's basic salary to mitigate the impact of inflation.
For IT purpose, it is taxable along with basic salary.....
J S BHAVSAR
(CONSULTING)
(1288 Points)
Replied 07 August 2018
So, will DA be added to Basic Salary and entered in Line 1 of ITR1?
Or should DA be added in Line 2 (Allowances not exempt)?
CAclubindia
