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Tax exemption

This query is : Resolved 
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(Querist)
22 February 2016 Can Miscellaneous allowance as a whole be taken as tax free.

Miscellaneous allowance is one of the component in our salary structure.
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praveen

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praveen (Expert)
22 February 2016 No you cannot claim that as expempted salary . Whatever name you call it has to b offered for taxation.

For more information contact at
me@mrpraveen.com
www.mrpraveen.net
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