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Maintenance & fuel allowance

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 April 2013 Sir/Mam,
I am a employee in a company i have got Fuel & Maintenance allowance Rs.40000/- in Financial Year 2012-13, then please tell me that this allowance is fully exempted or taxable, this is used for office use and also personal use.if taxable then tell me how much is taxable and how much is exempted.

Thanks
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 July 2013 If the allowance given for official purpose it is not taxable otherwise taxable

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