Deduction Under New Tax Regime.
RAVINDRA GANGADHAR DEVALE (TAX PRACTITIONER) (292 Points)
25 June 2024RAVINDRA GANGADHAR DEVALE (TAX PRACTITIONER) (292 Points)
25 June 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177864 Points)
Replied 25 June 2024
Under the New tax regime, you can claim tax exemption for the following:
Transport allowances in case of a specially-abled person.
Conveyance allowance received to meet the conveyance expenditure incurred as part of the employment.
Any compensation received to meet the cost of travel on tour or transfer.
Daily allowance received to meet the ordinary regular charges or expenditure you incur on account of absence from his regular place of duty.
Perquisites for official purposes which includes uniform expenditure.