Taxexcel: Amended Form 16 Part B for FY 2018-19

Showing posts with label Amended Form 16 Part B for FY 2018-19. Show all posts

Tuesday 29 January 2019

The Union Budget 2018-19, the Finance Minister has proposed to provide Rs. 40000/- Standard Deduction from salary income to all employees & pensioners.

As per the Tax rules that are applicable to FY 2018-19 (AY 2019-20) ;

A Salaried individual can claim annual Transport allowance (conveyance allowance) of up to Rs 19,200 (Rs 1,600/-pm) and up to Rs 38,400/- (Rs 3,200 pm) by differently-abled persons.
The Salaried can also claim up to Rs 15,000 (Rs 1,250 pm) medical reimbursement. To claim this, you would have been submitting medical bills to your employer and getting the allowance benefit.
These allowances are part of Section 10 of the Income Tax Act.

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Saturday 19 January 2019

It might come as amazement yet like medicinal protection you can likewise make a case for protection paid towards anchoring your vehicle, yet here there is a trick and that all has the effect. An extraordinary engine protection guarantee is made for duty exclusion yet protection on engines that are being utilized exclusively with the end goal of business can be asserted for expense purposes.

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Wednesday 4 July 2018

Prepare at a time Income Tax Computed Sheet + Automated Individual Salary Sheet + Salary Structure as per Private employees Salary Pattern + Automated H.R.A. Exemption Calculation + Automated Form 12 BA + Automated Form 16 Part A&B and Forn 16 Part B for F.Y.2018-19.