Contact @ 8368829181

क्या है हाउस रेंट अलाउंस (HRA) ? हाउस रेंट अलाउंस एक भत्ता है जो के एम्प्लायर अपने एम्प्लाइज को उनके घर का किराया चुकाने के लिए देता है । यह भत्ता एम्प्लोयी ...

The taxable value of medical facilities provided by an employer to his employee shall be calculated as under Treatment in hospital maintained by employer Me...

If an employee receives compensation(whether in one go or in instalments) on voluntary retirement or separation, Section 10(10C) provides for exemption for s...

Retrenchment compensation received by an assessee shall be exempt of the least amount from the following. Actual amount received 5,00,000 An amount calculate...

Uncommuted pension i.e pension received in regular instalments is taxable for all employees. Commuted means to pay in one time rather to pay in instalments. ...

If Gratuity is received by any employee while in employment then it is fully taxable in the hands of employee. While if gratuity is received in case of death...

Fringes benefits taxable in case of all employees: – (1) Interest free or concessional loans from employer Taxable Value = Maximum outstanding monthly balanc...

Salary is taxed on due basis or receipt basis, whichever is earlier. Therefore if any advance salary is received which is related to forth coming periods, th...

Fully Taxable Allowances: Dearness Allowances, City Compensatory allowance, Medical Allowance, Tiffin allowance, Servant allowance, Project allowance, Overti...

If Leave salary encashment  is received by any employee while in employment then it is fully taxable in the hands of employee. While if leave encashment is r...

If the following conditions are satisfied, then value of sweat equity shares will be taxable in the hands of employee in the year in which the shares are all...

Specified Employees The following person shall be considered as specified employees: – An employee who is a director of company. An employee being a person w...

Computing taxable value in case of rent free accommodation or accommodation provided at concessional rate When accommodation is provided by the Government Ca...

5.3.9 Under section 10(13A) of the Act, any special allowance specifically granted to an assessee by his employer to meet expenditure incurred on payment of ...

Relief is allowed under section 89 to a salaried person when Salary or family pension is received in advance Salary or family pension is received in arrears ...