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ATTIRE ALLOWANCE IS TAXABLE

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(Querist)
07 November 2008 can any one help me to now allire allowance is taxble if it is taxable what is limite and were should i present to form 16,.



Raghu
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
08 November 2008 Taxable fully.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
08 November 2008 Attire Allowance is taxfree upto the level employee provides bills against the allowance. It will shown along with HRA and other allowance in the form no. 16. So you need to collect Bills from employees for the money expended by them against this allowance. How much they have expended is taxfree and rest is taxable.
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