Hi Experts:
Can anyone tell me how to configure the below tables for Housing Taxation.
T7INR1, T7INR3, T7INR5, T7INR7, T7INR9
Here, i donot understand what percentages, Constants and amounts mean in these tables.
Appreciate if any one can focus more on the Housing code for Taxation, Statutory Constant for Taxation and explain me in detail.
And also tell me whether i have to maintain amount limit for HRA WT in T7INT9 for exemption. Because HRA exemption is 10% over Basic.
How can i configure this.
Kindly advice.
Sree