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Quick qstn - I'm receiving HRA of 24075 from my employer but I would like dhow the rent paid as 96k p.a (while filing ITR). Even if I do so, I was only able to get exemption of 24075 from gross. Checking if we can speak to payroll department to increase Actual HRA since I'm actually paying more rent than compared. Will I be able to do so ?Deloitte Newco EY Accenture Genpact KPMG
Any one register for DU event Hyd aug 5th
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No tax deductions for Amex charges. They will appear on DTE so clear them for reimbursements.
Amex gets paid to your bank account and hence is added in your total comp. You are taxed accordingly
Wrong. Amex expenses are not taxed. It’s only the allowances(well being) which are taxed.
For e.g if you buy a smartphone using Amex, it won’t be added to your total comp and taxed separately, as these are considered as business expenses.