Income Tax

Calculation of Income tax in the case of a retired employee - below the age of 80 years Example 7 For Assessment Year 2018-19 A. Calculation of Income tax in the case of a retired employee above the age of sixty years but below the age of 80 years … [Read more...] about Calculation of Income tax in the case of a retired employee – below the age of 80 years

Calculation of tax in the case of an employee below the age of 60 years of a Private Company posted at Delhi and repaying House Building Loan Example 6 For Assessment Year 2018-19 Illustrating Valuation of perquisite and calculation of tax in the … [Read more...] about Calculation of tax in the case of an employee below the age of 60 years of a Private Company posted at Delhi and repaying House Building Loan

Calculation of tax in the case of an employee below age of sixty years of a private company in Mumbai who was provided accommodation in a flat at concessional rate for ten months and in a hotel for two months Example 5 For Assessment Year … [Read more...] about Calculation of tax in the case of an employee below age of sixty years of a private company in Mumbai who was provided accommodation in a flat at concessional rate for ten months and in a hotel for two months

Calculation of House Rent Allowance U/s 10 (13A) in respect of residential accommodation situated in Delhi in case of an employee below the age of sixty years Example 4 For Assessment year 2018-19 Illustrative calculation of House Rent Allowance … [Read more...] about Calculation of House Rent Allowance U/s 10 (13A) in respect of residential accommodation situated in Delhi in case of an employee below the age of sixty years

Calculation of Income Tax in the case of an employee below age of sixty years where medical treatment expenditure was borne by the employer  Example 3 For Assessment year 2018-19 Calculation of Income Tax in the case of an employee below age of … [Read more...] about Calculation of Income Tax in the case of an employee below age of sixty years where medical treatment expenditure was borne by the employer

Calculation of Income Tax in the case of an employee below the age of sixty years having a handicapped dependent (With valid PAN furnished to employer). Example 2 For Assessment Year 2018-19 Calculation of Income Tax in the case of an employee … [Read more...] about Calculation of Income Tax in the case of an employee below the age of sixty years having a handicapped dependent (With valid PAN furnished to employer).

Calculation of Income tax in the case of an employee (Male or Female) below the age of sixty years ILLUSTRATIONS Example 1 For Assessment Year 2018-19 (A) Calculation of Income tax in the case of an employee(Male or Female) below the age of … [Read more...] about Calculation of Income tax in the case of an employee (Male or Female) below the age of sixty years