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.
Menu
Transport allowance for senior citizen
Replies (1)
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
Recent Threads
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
Related Threads
CAclubindia
