ITR 1 - for AY 2017-18

[Pradeep Kumar]

In Form ITR 1 Sahaj Individual IT Return, for AY 2017-18, where to show the deduction in respect of

1. conveyance allowance

2. House Rent Allowance and

3. Tax on employment

Please give expert opinion.

[Nandan Khambete]

You are required to give Net Taxable Income from Salary in ITR 1

[DR.MARIAPPAN GOVINDARAJAN]

In Form 16 issued by your employer itself the deductions will be pointed out. You may post your net amount.

AI Summary

Reporting salary deductions: show net taxable income from salary in the return and rely on Form Sixteen for deductions.
The ITR 1 requires entry of the Net Taxable Income from Salary; conveyance allowance, House Rent Allowance, and tax on employment are not separately itemised in the return but reflected in the net salary figure. Taxpayers should use employer issued Form 16 to determine allowances and deductions and then report the net taxable salary shown therein in the ITR 1.