Regarding allowances
This query is : Resolved
ravichandra
(Querist)
19 October 2013
dear all
i would like to ask our company gives medical,uniform,project allowances these allowances include salary.these are all the taxble or not with exmption limits.please clarify.
i would like to ask our company gives medical,uniform,project allowances these allowances include salary.these are all the taxble or not with exmption limits.please clarify.
19 October 2013
Hi
Medical reimbursement exempt upto Rs.1250/-
Rest all is taxable.
Thanks//VaibhavJ
Medical reimbursement exempt upto Rs.1250/-
Rest all is taxable.
Thanks//VaibhavJ
CA Pallav Singhania
(Expert)
19 October 2013
Allowances Fully taxable in all cases:
City Compensatory Allowance
Medical Allowance
Tiffin/Lunch/Dinner/Refreshment Allowance Servant Allowance
Dearness Allowance
Project Allowance
Overtime Allowance
Interim Allowance
Any Other Cash Allowance
However, Medical Reimbursement is exempted up to 15000...
Read more at: https://www.caclubindia.com/forum/income-from-salary-simplified-268396.asp
City Compensatory Allowance
Medical Allowance
Tiffin/Lunch/Dinner/Refreshment Allowance Servant Allowance
Dearness Allowance
Project Allowance
Overtime Allowance
Interim Allowance
Any Other Cash Allowance
However, Medical Reimbursement is exempted up to 15000...
Read more at: https://www.caclubindia.com/forum/income-from-salary-simplified-268396.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
