CA Inter doubt
Employee's Contribution is not eligible for deduction in 115BAC. Then why its not added to Salary. Contribution is towards RPF [Read Note Carefully]

Asked by Sarthak8 Apr 2025639 views
CA Inter doubt

Asked by Sarthak8 Apr 2025639 views
Priyanshu · 8 Apr 2025
Yaha income calculate Kiya jaa rha hai to expense(employee's contribution) kyu add krenge infact ye to bs deduct hota agr allowed ho to
Anubhav · 8 Apr 2025
Bro there's difference between deduction and exemption .... Employee contribution towards RPF is exempt in both tax regime..., additionally we got deduction under old regime, not in 115 BAC
Divyansh · 8 Apr 2025
It is already added in a basic salary
Free app · 5 lakh+ learners
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.