15 December 2014
employeer has paid rs 5,00,000 as salary and rs 1,00,000 as travelling allowance please suggest employeer calulate tax on rs 500000 +rs 100000 or rs 500000 and when file the ITR return in which coloum TA will be displayed
15 December 2014
travelling allowance paid wholly for the purposes of official duties is NOT taxable.In form 16 you can show such an allowance u/s 10. If the travelling allowance is NOT for the purpose of official duty, it will be treated as part of salary and accordingly be shown in form 16