Hi, my name is kamlesh varma. I am working in garment Retail Company as a sr. quality assurance executive. After 11 months from leaving my previous job, I got this job. But I said I resigned from my previous job and I join this job. I produce all duplicates salary slips of previous company. So my income tax for previous job is Nil. This company offering me grosses salary of 417600 pa which includes Basic+DA=208800, HRA=104400, conveyance=19200, Medical=15000, other allowance=70200, EPF=21600, EPF employer=23688, Bonus=17393, group ins. Policy=3160, gratuity=10038, leave benefits=10038. Total CTC=481917. An amount of 1600 is deducted per months TDS from my salary. On what basis they are deducting this amount?
How can I save this Tax? I have only PPF account and I am depositing 2000 rs per month in it. Can I pay rent to my father as I am living in my father’s home? How much rent I can pay to them?
Company is asking me for salary slips and form16 or form12B from previous company. can i give them form 26as?
Asked 11 months ago in Income Tax from Mumbai, Maharashtra
i joined my new company on 3rd of october 2017.
Asked 11 months ago