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Income Tax Proof Submission Guidelines Financial Year 2018-19. Income Tax Rates, Deduction Table & Limits (2018-19). Important change in House Property applicable as per Budget 2017. Reduction in Tax Benefit on Rented House Property:
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Income Tax Proof Submission Guidelines Financial Year 2018-19
Income Tax Rates, Deduction Table & Limits (2018-19) IBM Confidential HR Services - Bangalore Delivery Center
Important change in House Property applicable as per Budget 2017 • Reduction in Tax Benefit on Rented House Property: • Till Financial Year 2016-17, there was no limit on Interest on home loan on Rented house that was allowed as deduction under section 24. However, from Financial year 2017-18 onwards, the amount of interest on home loan on rented house is restricted to the extent to which loss from such house property does not exceed Rs.2,00,000. IBM Confidential HR Services - Bangalore Delivery Center
IBM Confidential HR Services - Bangalore Delivery Center
Note: All the supporting Forms/Declarations are also available in relevant Forms/Declaration link in Income tax Proof portal. Download, fill and upload as required in duly filled and signed soft copy form for respective proof items. IBM Confidential HR Services - Bangalore Delivery Center
IBM Confidential HR Services - Bangalore Delivery Center
IBM Confidential HR Services - Bangalore Delivery Center
IBM Confidential HR Services - Bangalore Delivery Center
IBM Confidential HR Services - Bangalore Delivery Center
Important Points to Note IBM Confidential HR Services - Bangalore Delivery Center