Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

Posting as :
works at
You are currently posting as works at

Related Posts

Best Marriott/SPG in Colorado ski areas? Are any ski on/off?

like

What is the referral bonus amounts in Capgemini? On what factors does it depends
Capgemini

like

I heard there is a system which tracks how many hours you are working in Credit Suisse .

If you are away from the system, it will track that too. Just out of curiosity , does it really track and micromanage you? 😂

Our district is so lax on the students this year. With tech issues and distance learning days, we’ve gone from accommodating to enabling real quick. No penalties for late work, taking excuses for attendance, lower academic and behavioral standards... We were beginning to make so much progress on transforming our school culture, but this year is erasing that and then some. Is anyone else concerned about how to raise the expectations and students’ self-discipline back to pre-enabling levels?

likesmart

How much do you have invested in stocks/ETFs/etc? How long have you been investing and what's your annual income range?

like

Hi fishes

If anyone refer me for RPA profile

Please

like

All those waiting for GC and feeling stuck at your current company/roles, what would you pursue once you have your GC?

like

If you’re looking for a open spot at RSM in consulting, feel free to reach out, and can give referrals!

like

My gf is better than me in every way. I don’t look half bad but she’s absolutely gorgeous - turns heads when we’re out. She works at MBB. She’s ambitious and has a kind, loving heart (cont’d)

likeuplifting

Does anyone know anything about Novartis' internal creative/promotional agency?
Coming from a European perspective here (so zero interest in DTC or "it's not real advertising" etc), but I'd love to hear anything anyone can share on working there / with them / second-hand anecdotes? Apparently they've been running for around 4-5 years.

like

Looking for input on how to handle a direct leader that is hot &cold. 1 yr ago my leader promoted me & has indicated she wants to mentor me to take her role when she retires (director). However, her behavior towards me changes from week to week, sometimes she is very supportive and encouraging then she switches to making critical or harsh indirect comments that are not about the results of my work but imply she would do it differently. How would you handle approaching this with your superior?

like

Hey, what are some healthcare certificates/diplomas that I can get quickly?

like
like

Has anyone here gone the digital course route? What platform did you use, and how did you monetize it?

like

Thoughts on setting up a family LLC to manage aging parents investment properties with siblings?

like

How long does one wait at the pwc “under review” stage?

likehelpful

Can anyone refer me to Google for a TAM role ?

I am serving notice period and wanted to join Google.

I don’t read news, so this is me

Post Photo
funnylike

Is love blind? Have we figured it out yet?

like

$MSFT is killing it lately 🙄

like

Additional Posts in Tax savings

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .

likehelpful

How much rent amount should I pay to get maximum tax deduction?

Any way to fake hra?

like

Any ways to fake lta

likefunny

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

likehelpful

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.

I have been declaring 1.5lks under 80c , HRA and i am still paying 35k every month as tax.. kindly let me know other options if you are aware to avoid tax deduction at Max.

Under 80c i have NSC component and would be deciding to stop and switch to ppf or elss, let me know your views?

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

How to save tax for the money from freelance work? As i already have a full time job.

like

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

like

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Hello All,

Can anyone please help me here.
I have made my tax payment in July 2022 but yesterday (15 Nov 2022) I receive an email that tax payment is due for assessment year 2022-23

I called to help desk and he advised to raise rectification request from Tax portal and update the challan number. I tried to raise request but need to upload some XML or json file there. I am not sure how to upload or modify that file.

Does anyone know what steps need to follow as I already made my tax payment.

like

Can I pay income tax challan using credit card?

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal