25 August 2018
I am working in a private organisation and my monthly salary structure is as follows: Basic Salary: 38000/- House Rent Allowance: 19000/- Leave Travel Allowance: 17100/- Medical Reimbursement: 11400/- Conveyance Allowance: 9500/- Please advise which of the allowances are exempted from Income Tax and up to which Limit so that I can deduct those from my salary for the purpose of ITR filing.
CAclubindia
