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Petrol & mobile allowanace - monthly

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(Querist)
21 March 2014 I am getting monthly Petrol allowance of Rs 2,535 & Mobile Allowance of Rs.2,535 monthly in Salary payment from Company.

Is it taxable fully ?


Kamlesh Prajapati
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Anand Dad

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Anand Dad (Expert)
21 March 2014 you can take the exemption of Rs.800 p.m. under the head of Transport Allowance
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Anand Dad

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Anand Dad (Expert)
21 March 2014 Mobile Allowance is not exempted.


It is fully taxable.
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