Suppose Mr A is working in ABC Co Ltd. and get Transport Reimbursement and get exepmtion on that after producing spicified document in support of the claim.
Now, Mr. a retire and extention granted to Mr.A and get professional service charges on which ABC Ltd Deducted TDS @ 105.
My Question is that is now Mr. A will get the exemption on similar lines on Transport charges ?
In Mr A is also allowed such other expenses to meet his professinal obligation to ABC Ltd, if yes what types of document should Mr A keep ?
Mr A has incurred following expenses:- Car running expenses, News and Magazine expenses, Medical Expenses, Car driver Expenses etc.
14 March 2015
The company will deduct 10% TDS on all payments made to Mr. A. Only Mr. A while filing the return can claim only car running expenses, magazine expenses and car driver salary. Medical expenses not claimable only medical insurance premium can be claimed u/s 80D.