deduction under 10
NIKUNJ (NIL) (131 Points)
29 July 2018
I have gross salary 6 lakh and hra is 11000 and conveyance is 6500 per year. so how to show this deduction on it 1
2 Replies
rama krishnan
(12239 Points)
Replied 29 July 2018
how much rent r u paying? whether gross salary inclusive of hra and conveyance?
Ashok Kumar
(CA qualified)
(389 Points)
Replied 30 July 2018
Get the components of your gross from your employer and show only basic & bonus in 'Salary u/s 17(1). Show sum of all other allowances net of exemptions under 'Taxable allowances u/s 17(1)'. Show exempt allowances under Exempt income schedule
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