dear Venkatesh sir , i need clarification about HRA deduction . from a source i found that
------------ As long as the rented house is not owned by the assessee, the exemption of HRA will be available up to the the minimum of the following three options: 1. Actual house rent allowance received from your employer 2. Actual house rent paid by you minus 10% of your basic salary 3. 50% of your basic salary if you live in a metro or 40% of your basic salary if you live in a non-metro But in your IT calucating software my HRA is not deducted, i live in rented house . On Fri, Mar 4, 2016 at 10:55 AM, Venkatesh Hulikal <[email protected]> wrote: > Dear sathnayanarayan sir, > > I have seen your income tax calculation software. > > there are some errors. > 1. You are directly deducting HRA without applying income tax rule > 2. Medical allowance should not be deducted at source (only medical > reimbursment maximum of 15,000 should be deducted and rest to be added to > gross) > 3. Education loan should be deducted under 80EE and not under 80E > 4. Medical treatment should be deducted only if it is reimbursed to a > maximum of 15,000 (entire reimbursement amount treated as income) > 5. Form 16 Part A should be downloaded from the web site income tax web > site (TRACES) http://contents.tdscpc.gov.in/ > and Part B from Drawing officer > > Please verify the same with the dsert web site > http://dsert.kar.nic.in/misc/IncomeTaxForm060216.zip > > > with regards > > > H.V.Venkatesh > Programmer > DSERT > #4, 100 feet ring road, Hosakerehalli > BSK 3rd stage, Bangalore 85. > ph:26422373-375 ext 202 > > > Disclimer : Computer virus may transmitted throuh this email. Kindly check > before open the email. I am not responsible for any inconvenience in any > manner. > > -- > 1. If a teacher wants to join STF, visit > http://karnatakaeducation.org.in/KOER/en/index.php/Become_a_STF_groups_member > 2. For STF training, visit KOER - > http://karnatakaeducation.org.in/KOER/en/index.php > 4. For Ubuntu 14.04 installation, visit > http://karnatakaeducation.org.in/KOER/en/index.php/Kalpavriksha > 4. For doubts on Ubuntu, public software, visit > http://karnatakaeducation.org.in/KOER/en/index.php/Frequently_Asked_Questions > 5. Are you using pirated software? Use Sarvajanika Tantramsha, see > http://karnatakaeducation.org.in/KOER/en/index.php/Why_public_software > ಸಾರ್ವಜನಿಕ ಇಲಾಖೆಗೆ ಸಾರ್ವಜನಿಕ ತಂತ್ರಾಂಶ > --- > You received this message because you are subscribed to the Google Groups > "Maths & Science STF" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To post to this group, send email to [email protected]. > Visit this group at https://groups.google.com/group/mathssciencestf. > For more options, visit https://groups.google.com/d/optout. > -- 1. If a teacher wants to join STF, visit http://karnatakaeducation.org.in/KOER/en/index.php/Become_a_STF_groups_member 2. For STF training, visit KOER - http://karnatakaeducation.org.in/KOER/en/index.php 4. For Ubuntu 14.04 installation, visit http://karnatakaeducation.org.in/KOER/en/index.php/Kalpavriksha 4. For doubts on Ubuntu, public software, visit http://karnatakaeducation.org.in/KOER/en/index.php/Frequently_Asked_Questions 5. Are you using pirated software? Use Sarvajanika Tantramsha, see http://karnatakaeducation.org.in/KOER/en/index.php/Why_public_software ಸಾರ್ವಜನಿಕ ಇಲಾಖೆಗೆ ಸಾರ್ವಜನಿಕ ತಂತ್ರಾಂಶ --- You received this message because you are subscribed to the Google Groups "Maths & Science STF" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at https://groups.google.com/group/mathssciencestf. For more options, visit https://groups.google.com/d/optout.
