How HRA Tax Exemption is calculated u/s 10(13A)? – Calculation Guide

house rent allowance exemption

Table of Contents What is House Rent Allowance (HRA)The different scenario of House Rent Allowance, Employee, Rent paid or Own HouseCondition required to avail the benefit of section 10(13A)The basic fundamental of how HRA is Calculated?HRA calculation for Income TaxFew HRA Exemption Examples in Tabular FormConditions for claiming house rent allowance exemption u/s 10(13A)What if … Read more How HRA Tax Exemption is calculated u/s 10(13A)? – Calculation Guide

How to claim relief under section 89(1) on salary arrears – Download Excel Calculator

relief under section 89

  Amount paid by the employer in the head of the arrears of salary, have you ever thought of tax relief under section 89(1) on salary arrears: No, Most of us don’t know what is relief under section 89. Most of the employee says it “relief 89“. This article is all about “How to calculate income … Read more How to claim relief under section 89(1) on salary arrears – Download Excel Calculator

How to file income tax return of deceased person in India? + Get Legal Heir Certificate!

how to file income tax return of deceased person in india

In the real world, some events can said to be uncertain, death of the dear one brings a lot of responsibility to the second-hand command of the house. Apart from the loss, his family has to confront issues relating to the transfer and distribution of the deceased’s estate, which includes all his property, assets, etc. … Read more How to file income tax return of deceased person in India? + Get Legal Heir Certificate!

Section 80TTA: Saving Account Interest Income Deduction [2019-20]

80tta deduction for fy 2019-20

How to claim the 80tta deduction for FY 2019-20 on interest income bank deposits. Yes, Under section 80TTA, if you earn income your bank deposit, that would be exempted (but not wholly). The income received in the form of interest from a bank savings account is taxable, however, the amount up to ₹ 10000 is exempted … Read more Section 80TTA: Saving Account Interest Income Deduction [2019-20]

Capital Gains Sale of Agricultural Land: Section 54B Exemption 2019-20

capital gain on sale of agricultural land

Agriculture land which is reducing day by day for basic agriculture purposes, the main cause is population everybody wants land for agriculture or some other purpose, like (residential, commercial etc). This article is all about capital gain on sale of agricultural land. In India agriculture land only be available in a rural area or urban … Read more Capital Gains Sale of Agricultural Land: Section 54B Exemption 2019-20

Home loan EMI Calculator excel sheet with prepayment option India

Home loan EMI calculator

Home Loan One of the life-supporting toll for the majority of employee or self-employed. Have you calculated, Is it really financially beneficially or you are paying your valuable earning to the Bank. Frankly speaking, you are paying more than double to the Bank for your Home Loan. But the fact is “You don’t have a … Read more Home loan EMI Calculator excel sheet with prepayment option India