Allowance
This query is : Resolved
29 September 2009
What are the Exempted Allowances we can claim in salary?
30 September 2009
Dear Mohd
Following are the exempted allowancess we can claim in salary
1.Under Section 10 &17
HRA,Transport,Gratuity,Medical,Childran Education,Lta,Vehicle Maintanance
2.Dedection Under Chaptar IV-A
Medical Insurance Premium (Sec80d),Medical Insurance Premium Parents(Sec80d),Medical Handicapted Dependent(Sec 80DD),Medical for Specified Diseases (Sec80DDB),Donation(Sec 80G),Higher Education Loan Intrest Repayments(Sec 80E),Rent Dedection( Sec 80GG)Only If HRA Not Received,Dedection for perment disablity (sEC 80U),
3.Dedection Under Chapter VI (Sec 80 C)
Penction Scheme,NSC,PPF,EPPF,Childrance Education,Housing Loan Princepal Repayment,Insurance Premem,Infrastructure Bonds & others
Regards
Kariyappa
Following are the exempted allowancess we can claim in salary
1.Under Section 10 &17
HRA,Transport,Gratuity,Medical,Childran Education,Lta,Vehicle Maintanance
2.Dedection Under Chaptar IV-A
Medical Insurance Premium (Sec80d),Medical Insurance Premium Parents(Sec80d),Medical Handicapted Dependent(Sec 80DD),Medical for Specified Diseases (Sec80DDB),Donation(Sec 80G),Higher Education Loan Intrest Repayments(Sec 80E),Rent Dedection( Sec 80GG)Only If HRA Not Received,Dedection for perment disablity (sEC 80U),
3.Dedection Under Chapter VI (Sec 80 C)
Penction Scheme,NSC,PPF,EPPF,Childrance Education,Housing Loan Princepal Repayment,Insurance Premem,Infrastructure Bonds & others
Regards
Kariyappa
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
