Exemption limit
This query is : Resolved
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
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
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!!
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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