State the taxability/exemption with relevant sections/rule which i will get from belowmentioned perks/allowances:- (certification is applicable though the amounts are fixed) all paid in cash i.e there is no non mnetary perks.
a) Conveyance/transport allowance: Rs 1000/- p.m
b) Lunch/meal allowances:- 2000/- p.m (all in cash)
c)books/journal (including professional books):- Rs. 1000 p.m
d)Education Professional course:- Rs. 2000 p.m
e)Communication/telephone allowances: Rs 1000 p.m
f) professional body allowances:- Rs 1000 p.m
g) gardner allowances (cash allowances): Rs 600 p.m
h)Transport assistance allowances:- Rs 1000 p.m
i)Reimbursement of exp on vehicle repair:- Rs 1000 p.m
j) self development allowances;- Rs 2000/- p.m
k) Special personal allowances: Rs 2000/- p.m
state how can maximum tax benefits could be claimed in above cases. If option to choose Rs 8000/- allowances is given..
CAclubindia
