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Can a chartered account help reduce tax burden, for salaried employees in India?

Open uri20170510 32134 ughyv5?1494421703 asked

Can a chartered account help reduce tax burden, for salaried employees in India?

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1 Answers
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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Gunesh As such salary employee received all salary in white income so you can reduce tax on such income only by compliance of tax laws. So the chartered accountant has a good knowledge of all the income tax act so definitely Chartered Accountant help you to minimize your tax liability and also help you to compliance of income tax act 1961. You can save your taxes through various way like clamming exemption of HRA if HRA received and fulfilled the prescribed condition and also exemption of various allowances and perquisite. Any other query feel free to contact us. Writer' CA Chitranjan Agarwal

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