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Tag Archives: Allowances

Tax Exemptions for Leave Travel Allowance (LTA)

Tax Exemptions for Leave Travel Allowance (LTA)

Tax Exemptions for Leave Travel Allowance (LTA). This article specifically talks about the exemption which is provided to the employees for the leave travel allowance they get from the employer for being on leave and travelling for the official work. Leave travel allowance is allowed only if employee claims leave and goes on a vacation and only if submits the actual …

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House Rent Allowance HRA and HRA Calculation

House Rent Allowance (HRA) - Complete Details

House Rent Allowance HRA and HRA Calculation. Hi Friends here we are providing full details of HRA Like – What is HRA, Aspects to be considered in calculation of HRA, Calculation of HRA, Conditions for HRA Calculation, Home loan benefit and HRA simultaneously etc. Recently we provide Complete details for “Is deduction allowed for stamp duty & registration charges?”.  Now you can …

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Income from Salaries – Charging Section and Allowances

Income from Salaries

Income from Salaries – Charging Section and Allowances, Income from Salaries at a glance. Find Complete details regarding Tax on Salary, What is Salary Income, Basis of Charge (Sec.15), What is included in Salary (Sec.17?), House Rent Allowance [Sec. 10 (13A)], Entertainment Allowance, Other exemptions. Recently we provide complete details regarding Types of stamps and some concepts of stamp duty. Now you …

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