Posts Tagged ‘Tax Liability’
Hi Tax Guru’s,
I am having some dobut for Tax liability in case I am availing the House on Company Lease Agreement.
I am getting HRA of Rs. 10068/- , basic is Rs. 16780/- and I had taken house on Company Lease of Rs. 8500/-.
My company is deducting the amount Rs. 8500/- from my salary and sending it to my landlord. And giving me rest of the difference amount. But my company is saying this amount of Rs. 8500/- is fully taxable.
Please clarify me how much amount is taxable and is there any way I can claim this amount while filing the IT return.
Please take out some time and send your resposne.
Regards,
Sanjeev Kumar
New Delhi
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