Section 10(14)

This query is : Open 

23 November 2010 1) Mr X has is in the Indian Navy. He has got Rs. 5000 p.m as Technical allowance (ie. Rs. 60000). What is the exemption limit of Technical Allowance in this case? Or is Rs. 5000 p.m fully exempt.

2) Mr X has also recd. Submarine Allowance Rs. 14000 p.m (Rs. 168000). What is the exemption limit for submarine allowance recd. ?


Please reply...its urgent.

23 November 2010 as per my knowledge both are taxable..........


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details