Telephone Tax Deduction
April 26th, 2010
Question: Compute the taxable salaries of Mrs Rama for the assessment year 2008-09 
Mrs rama has the following incomes :
(1) Salary(after deduction of income tax Rs 12000) Rs 1,02,000 p.a
(2) Dearness allowances( under the terms of employment) Rs 8000 p.a
(3) Medical allowance (actual expenditure Rs4000).
(4) Education allowance (for three children) Rs 5200 p.a
(5) Rent free house in delhi for which the employer paid RS 5000 AS RENT .
The house is equipped with rented furniture,rent of which is Rs.3000 p.m .
the employer has also provided gardener for maintenance of garden attached
to this accomodation .The gardener is paid Rs 300 P.M
(6) The employer has provided her a domestic servant ,a sweeper & a watchman.The
employer paid RS.200 P.M to each.
(7) The employer spent Rs3500 on her refresher course.
(8) The employer paid her personal telephone bills of Rs 2200.
(9) Proffessional tax paid Mrs Rama Rs1,200.
Answer: The income is below Rs 1,80,000/-. No tax is payable.
Employer will pay FBT on fringe benefits like gardener, servants, telephone, training, etc.
The employer should not have deducted TDS of Rs 12000.
This amount should be claimed back thru ITR.
Items on Amazon Right Now for Telephone Tax Deduction:
IRS: Ten tips for deducting charitable contributions
When preparing to file your federal tax return, don’t forget your contributions to charitable organizations. If you made qualified donations last year, you may be able to take a tax deduction if you itemize on IRS Form 1040, Schedule A.
Help Save A Life
Related posts
Posted in Phone Tax Deductions | 
Tags: charity, nonprofits, research, tax, tax.deduction, taxes, telephone tax deduction