Menu
Allowance taxable or exempt
hardship allowance is taxable or not. my client receive hardship allowance he works BSF in central government
Replies (4)
Quick Summary
Any allowance which is not specifically exempted is treated as taxable allowance.
Kindly refer Rule 2BB (2) of the Income Tax Rules along with Section 14 of the Income Tax Act. It will give you an idea about the various exemptions applicable depending on the area of posting, conditions, etc.
a correction...kindly refer section 10(14) instead of section 14.
I think it is not taxable
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
