Income Tax Allowances and Deductions Allowed to Salaried Individuals
Income Tax Allowances and Deductions Allowed to Salaried In…
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Most Important Tax Deductions For Salaried Person - Part-2 ✌️ 🔵 Section 10(5) : Leave Travel Allowance (LTA) LTA is a type of allowance given by an employer to their employee for travelling to any place in India either on leave, after retirement or after the termination of his service. LTA Exemption is allowed for any 2 Journey in a Block of 4 Years. It is allowed only for Domestic Journey and Actual Journey is mandatory to claim this exemption. It can be claimed for Self, Spouse, Children, Dep
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Most Important Tax Deductions For Salaried Person - Part-2 ✌️ 🔵 Secti…
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Under section 80G we can claim 100% or 50% deduction but by following the rules made by Income tax department. The following taxpayer can claim a deduction under this section 80G : Individuals Companies Firms Hindu Undivided Firm (HUF) Non-Resident Indian (NRI) Any other person List of Donations eligible for 50% deduction subject to 10% of adjusted gross total income : 1) Any other fund or institution satisfies the conditions mentioned in Section 80G(5). 2) Government or any local authority, to
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[Recipe] Rice flour cocoa Taiwanese castella cake #Taiwanese castella #riceflourrecipe #dessertre...
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