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Allowances under salary income

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1 Points Posted on 14 July 2024
sir if we receive travel allowance every month then it is exempt or not? if exempt then how much claim
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On 14 July 2024 at 08:03 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 14 July 2024
No, now it is not exempt.
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On 14 July 2024 at 08:28
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3145 Points Posted on 14 July 2024
Honourable dhirajlal rambhia sir , Leave travel allowance and leave encashment allowance whether taxable or non taxable please explain with each thing and how it applicable for old tax regimen new tax regime
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On 14 July 2024 at 08:46
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SEO Sai Gr. Hosp.
211715 Points Posted on 14 July 2024
Encashment of Leave travel allowance while on duty is taxable, but on retirement is tax-exempt subject to max. limit of 25 lakhs.
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On 14 July 2024 at 09:06
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Profession Business
28207 Points Posted on 14 July 2024
Allowances are taxable barring few exceptions
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On 14 July 2024 at 14:01


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