Hi Sir, My Querry is the Senior Citizen is employed at Private Training Center he is earning 60,000 per month salary & he is received Transport Allowance Rs. 1500/- per month it is Exempt from Tax or taxable.
1 Replies
Ahmad faiz
(student)
(63 Points)
Replied 24 June 2016
travel allowance up to ₹1600 per month is exempt and ₹3200 per month is exempt for handicapped person the above limit is irrelevant to the age of assessee
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