House Rent Allowance – (HRA Calculation) : INCOME TAX

House Rent Allowance (HRA Calculation):- In this article you will able to know about HRA Calculation.     Some time the employer doesn’t provided the rent free accommodation rather instead of that the employer makes payment in cash which is known as house rent allowance. In other words the employer pay some extra amount to employee … Read more

Residential status of Individual in income tax

Residential status of Individual in income tax:- (आयकरमें व्यक्ति की आवासीय स्थिति)     Residential Status doesn’t depend upon the domicile , nationality and territorial connection of the individual. An Indian citizen who was born in India may not be the residents of India whereas an American citizen may be the residents of India. Thus residential status … Read more