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Exemption limit

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(Querist)
25 February 2013 Sir
1) What is maximum & minimum exemption limit for repair & maintenance for vehicle section 10 (14) for company employee form 16 purpose
2 how mumch amount dedction in entertainment allowance section 16
3 what is amount Exemption in Medical reimbusement section 17 (2) for company employee 16 form purpose.


Vs kulkarni
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@VaibhavJ

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@VaibhavJ (Expert)
25 February 2013 Hi

1. It should be ideally 15-20% of basic salary may not exceed Rs. 2,00,000 PA.

2. Max. amt exempt for Med. reimb. is Rs. 15,000/-

Thanks!!
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