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Dear Client,
The landlord cannot know the HRA exemption amount. However, he may know the rent that you claimed to have paid your landlord AIS. The AIS will only show the rent amount of Rs. 40,000 you have paid. We hope our response is helpful to you.

Dear client,
If your net taxable income, after applying all applicable deductions according to the current income tax laws, is no more than Rs 5 lakh, you qualify for a rebate under Section 87A. It's important to note that even if your net tax liability is zero, you are still required to file an income tax return if your gross total income before deductions surpasses the basic exemption limit.

Not filing an ITR when it is required can attract penalties under section 271f of Income tax Act
If yo

Dear Client,
Individuals can claim tax deduction benefits for payments made towards life insurance policies, fixed deposits, superannuation/provident funds, tuition fees, and construction/purchase of residential properties under Section 80C of the Income Tax Act. Section 10 of the Income Tax Act 1961 provides exemptions to ease the income tax burden for salaried professionals. Salaried employees benefit from various allowances under this section, such as Leave Travel Allowance, Uniform Allowance

Dear Client,
The Voluntary Disclosure of Income Scheme, 1997(VDIS) was introduced in the AY 1997-98. The main objective of the scheme was to harness the black money and use it for productive and useful activities. If a person fulfills any two of the following points can use the Voluntary Disclosure of Income Scheme- 1) Occupies an immovable property exceeding a specified floor area by ownership; tenancy or otherwise; Has traveled abroad or financed the foreign travel of any person during the las

Dear Client,

Yes, you can certainly show your taxable amount for the previous year while filing Form 10E in the current year, even if you have never filed an Income Tax Return (ITR) before. Form 10E is used to claim relief under Section 89(1) for arrears or advance salary received in the current year pertaining to previous years. However, it's important to note that if tax was deducted in those years, you should have ideally filed an ITR to claim a refund of any excess tax deducted. Nevertheles

Dear Sir,
You may approach any chartered accountant or auditor as your question involves income tax matter.

Dear Client,
The income has to be computed according to their respective heads to calculate the taxable amount. It is important to analyze the intricacies involved in computation to answer the query precisely. It is advisable to contact a tax lawyer or a chartered accountant to guide you through the receipts and provide an appropriate legal remedy.
Hope it helps.
Thank you.

Dear Client,
The income has to be computed according to their respective heads to calculate the taxable amount. It is important to analyze the intricacies involved in computation to answer the query precisely. It is advisable to contact a tax lawyer or a chartered accountant to guide you through the receipts and provide an appropriate legal remedy.
Hope it helps.
Thank you.

Dear Sir,
You may approach any chartered accountant or auditor who is having expert knowledge in the said trade.

Dear Client,
It is important to identify and analyze the intricacies involved in your sources of income to calculate the taxable amount. The details on the same is vital to identify the head of income and precisely answer this question. It is advisable to connect with an Income Tax Practitioner or a Chartered Accountant to get assistance in this matter. They will be able to get into the nuances of the matter and provide a solution.
Hope it helps.
Thank you.