Hi Friends,
Im having a problem in the form 16.It is not taking 15000 medical exm but only taking half the amt ie 7500.
Ex:
Basic 18,950 18,950*12 = 2,27,400
HRA 7,50 7,50*12 = 9,000
Con 8,00 8,00*12 = 9,600
Bonus 9,800 9,800
Medical 15,000 15,000
Total is 2,70,800
But while calculating Income Tax system is considering Gross Income is 2,63,379 only therefore all Tax Calculation goes Wrong.
Please help on how to solve this issue