In the ITR excel utility , there is no place to put the medical, hra, ltc, uniform etc deductions . So what should be the value entered in the "Income from salary "? The actual salary without these deductions or the "Income chargebale under the head 'Salaries' (3-5)" which is income after deducting these components.
1 Answers
As deduction for HRA, medical bills and uniform allowance is provided by employer only, your income from salary should already be computed after deducting these exemptions.
You should only put figure under column "Income Chargeable under the head 'salaries'(3-5)" mentioned in form-16 for "income from salary" in ITR.
You are too Good!
Oh and also i have savings account but the interest received is not more than 10,000. Do i have to mention the interest received (suppose 1000 INR) in ITR ? If yes under which column?
yes, you should mention interest under income from other sources. You can claim deduction upto Rs 10,000 for Interest on deposits in saving account (u/s 80TTA).
Related