banner_ad

children education allowance

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 September 2016 if an employee receives 3000 yearly for 3 children as education allowance then what amount is taxable
Profile Image

CA SAGAR M. AHUJA

Profile Image

CA SAGAR M. AHUJA (Expert)
08 September 2016 The Exempt Amount is Limited To 100 per Month per Child up to a Maximum 2 Children.
Your Taxable Allowance is 9000-2400=6600
Profile Image

Suyash Rao

Profile Image

Suyash Rao (Querist)
08 September 2016 it's not 3000 per child it is 3000 for all three. in that case do we assume 3000-2000= 1000 or 3000-2400= 600
Profile Image

CA SAGAR M. AHUJA

Profile Image

CA SAGAR M. AHUJA (Expert)
09 September 2016 Than 3000-2000 and not 3000-2400
Thanks.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details