Allowances exemption

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rohit (Querist)
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07 July 2014 A PERSON HAS CTC OF 3.25 LAC WHICH INCLUDES

BASIC-130000
OTHER ALLOWANCES-118000
HRA-65000
EDUCATION ALL-2400
CONVEYANCE -9600

WHAT ARE DOCUMENTS REQUIRED FOR CLAIMING EXEMPTION OF HRA,EDUCATION ALLOWANCE,CONVEYANCE ALLOWANCE OR THIS CAN BE CLAIMED IN FULL WITHOUT SUBMISSION OF PROOF?

WHETHER ITR1 OR ITR 2 WILL BE FILLED?

CA Parul Saxena

CA Parul Saxena (Expert)
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07 July 2014 this can be claimed in full no need of documents.
ITR-1 should be filed.

Rupesh Jain

Rupesh Jain (Expert)
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07 July 2014 you have to documents for that exp. if ITO demand then you have to produce before him.
if your exempt income below Rs. 5000/- then use ITR-1
otherwise ITR-2.

rohit

rohit (Querist)
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07 July 2014 WHETHER DOCUMENTS ARE REQUIRED OR NOT

vijay

vijay (Expert)
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07 July 2014 For claiming exemption (i.e. filing return) no documents is required
But for proving exemption (i.e. if ITO demand documents) documents shall be required

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