Menu
Salary Breakup
Is it mandatory to have a salary breakup like basic, hra , allowance etc. or it can be lumsum. If break up necessary what is the minimum break up
Replies (2)
Get form 16 from employer there you will find out the salary break-up
Breakup is required for claiming appropriate deductions/exemptions while filing the the Income Tax Return. Eg: HRA, Food coupons they all will be exempted from tax.
Recent Threads
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
Related Threads
CAclubindia
