Allowance eligible for deduction for salaried employees

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wwww
32 Points Posted on 10 July 2023

Whether following allowances which are given by Employer to Employee are eligible for deduction for salaried employees for AY 2023-24 ?

1. PROF. PURSUIT ALLOWANCE of Rs. 2295/- per month.

2. PERS/CULTURAL PURSUITS of Rs. 1388.33/- per month.

3. canteen deductions of Rs. 20/- per month ?

Waiting for your kind help.

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On 10 July 2023 at 17:04 Report
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This discussion explores whether specific allowances provided to salaried employees are eligible for tax deductions in Assessment Year 2023-24. It questions the deductibility of professional pursuit allowances, cultural pursuit allowances, and canteen deductions, referencing Section 10(14) of the Income Tax Act.

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Student CA
580 Points Posted on 10 July 2023
No i think
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On 10 July 2023 at 17:24
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wwww
32 Points Posted on 10 July 2023

Will it not come under s. 10(14) of Income Tax Act ?

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On 10 July 2023 at 20:18

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