Uniform and qualification allowance
This query is : Resolved
17 January 2011
Hi,
Please let me know the following with regards to uniform and qualification allownace which are tax free.
- Does an employee need to submit any bills/documents for claiming the allowance?
- Are the above allowance applicable to any industry or only specific industry?
we are from engineering industry and have majority employees who are engineers. Does this allowance apply to them as well.
Please help asap.
Please let me know the following with regards to uniform and qualification allownace which are tax free.
- Does an employee need to submit any bills/documents for claiming the allowance?
- Are the above allowance applicable to any industry or only specific industry?
we are from engineering industry and have majority employees who are engineers. Does this allowance apply to them as well.
Please help asap.
17 January 2011
As far as Uniform allowance allowance is concerned -it is meant for spending on uniform by the employee. Bills /Documents are necessary to substantiate the actual amount spent for the purpose. In your Industry it can be applicable.
Qualification allowance as such has not been elaborated in the ACt and as such it can be treated as part of taxable salary.
In spite of providing this allowance to employees, if company itself incurs expenditure for educating the employees, it may avail deduction as a normal business expenditure.
Qualification allowance as such has not been elaborated in the ACt and as such it can be treated as part of taxable salary.
In spite of providing this allowance to employees, if company itself incurs expenditure for educating the employees, it may avail deduction as a normal business expenditure.
Message likes :
1 times
17 January 2011
Yes. Agree with above view
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
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
