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Allowances
which allowances are most beneficial
Replies (8)
What exactly is your query ?
All allowances are beneficial
Yes... All allowiare beneficial...
All allowances are taxable for salaried individuals.
In case of house rent allowance which is exempted u/sec 10(13A) rule 2A.
to the lowest of the following three is exempted.
1. actual rent.
2. rent paid in excess of 10% of salary.
3. other conditions are there.
In case of house rent allowance which is exempted u/sec 10(13A) rule 2A.
to the lowest of the following three is exempted.
1. actual rent.
2. rent paid in excess of 10% of salary.
3. other conditions are there.
But Mr Prathamesh asked for most beneficial allowance (implying he knows all are beneficial but what is MOST ?
Some allowances are exempted to some exempted.
so more beneficial.
so more beneficial.
Some type reply is no reply. List out some if possible.
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