Deduction of conveynce
This query is : Resolved
23 July 2012
I am salaries person my company pay me as basic only there is no separate conveyance
Than should I take deduction of Rs.800.00 p.m. while filling my it return
Than should I take deduction of Rs.800.00 p.m. while filling my it return
23 July 2012
No. for any allowance getting exemption, the allowance should be in part of your salary. other wise the question of taxable or exemption will nor arise. so you cannot claim Rs.800 exemption on transport allowance
23 July 2012
you can ask your company to structure your salary in such a way that you will get exeption for such allowances.
Transport allowance : Rs. 800 pm
HRA (if you are paying rent)
Children education allowance / Hostel allowance etc..
Transport allowance : Rs. 800 pm
HRA (if you are paying rent)
Children education allowance / Hostel allowance etc..
24 July 2012
Agreed with Mnikandan Sir
25 July 2012
not possible because in form 16 it should be there
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
