Salary return query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2013
as per income tax notification if exempt income exceed Rs. 5000/- u/s 10,10a etc. can not filed ITR1 . My question is, my one of the client received conveyance allowances for F.Y. 2012-13 Rs.9600/- , which is exempted u/s 10 , so i file a return in which ITR, ITR1 or ITR2
16 June 2013
No. Salaried person can file ITR-1. Conveyance allowance comes under salary income and exempted from u/s.10(14) and ITR-1 also has provision for giving exemption u/s.10
Guest
Guest
(Expert)
16 June 2013
CMA Ramesh Krishnan is right, if exempted income u/s 10 exceeds Rs 5000, ITR 2 is to be filled.
And conveyance allowance is exempted u/s 10(14)
And conveyance allowance is exempted u/s 10(14)
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- FORM 26A APPLICABILITY
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
