Hello,
I need to file one of my contact ITR returns, In his Payslip there some allowances mentioned for which i am not sure they are exempted or not, Can be claimed under 10(14)(ii) Allowances to meet personal expenses in performance of duties of office or to compensate him for increased cost of living.
Below are the allowances which are like components of salary like fixed.
1. Canteen Subsidy
2. Office Maintenance allowances
3. Furniture allowances
4. Transportation allowance
Please help which all i can take as exempted to save more tax. All these allowances are considered as taxable in form 16.
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