Maintenance & fuel allowance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 April 2013
Sir/Mam,
I am a employee in a company i have got Fuel & Maintenance allowance Rs.40000/- in Financial Year 2012-13, then please tell me that this allowance is fully exempted or taxable, this is used for office use and also personal use.if taxable then tell me how much is taxable and how much is exempted.
Thanks
I am a employee in a company i have got Fuel & Maintenance allowance Rs.40000/- in Financial Year 2012-13, then please tell me that this allowance is fully exempted or taxable, this is used for office use and also personal use.if taxable then tell me how much is taxable and how much is exempted.
Thanks
CMA Ramesh Krishnan
(Expert)
20 July 2013
If the allowance given for official purpose it is not taxable otherwise taxable
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