Interested to Buy Any Domain ? << Click Here >> for more details...
How anyone calculate HRA exemption from taxable salary for
Exam. HRA is 12000 and rent paid is 11500 and total salary
is 50000 thousand???????? plz. clear with example!!
- 3 Answers
- 12609 Views
- TCS, I also Faced
- E-Mail Answers
Answer Posted / ajoy kumar rai
LEAST OF THE FOLLOWING IS EXEMTED FROM TAX:-
1)ALLOWANCE ACTUALLY RECEIVED
2)RENT PAID LESS 10% OF SALARY
3)50% OF SALARY- IF HOUSE TAKEN ON RENT IS SITUATED IN
DELHI, KOLKATA, MUMBAI AND CHENNAI.
4) 40% OF SALARY - IF HOUSE IS TAKEN ON RENT IN OTHER
CITIES.
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
what is the objective of business taxation in private company?
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
is there any specific percentage related to lower tax deduction under tds
What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com
professional tax rate
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
in relation to pioneer industries, explain the following terms:1,production day. 2,certificate of qualify expenditure. 3,income tax relief. 4,pioneer certificate 2. list seven pioneer industries which fall under pioneer status as contained in the industrial development act 1971
come'?
who will able to deduct the tds
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?
Please some one tell me what is the VAT or WCT rate for works contract at Tripura
I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.
What is income tax? How is it calculated?
