Exemption

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 March 2013 We have provided uniform allowance and books & periodicals allowance. u/s 10.

how much exemption will get in benefit and how.

Hemant Kumar

Hemant Kumar (Expert)
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15 March 2013 allowances given by the employer to the employee are exempt u/s 10(14) subject to actual expenses incurred:

1)Allowance granted to meet expenditure on purchase/maintenance of uniform.

Hemant Kumar

Hemant Kumar (Expert)
Follow

15 March 2013 allowances given by the employer to the employee are exempt u/s 10(14) subject to actual expenses incurred:

1)Allowance granted to meet expenditure on purchase/maintenance of uniform.

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