Hi Members,
Good day!!!!!!!!!
I have one query regarding Section 10 (14) (c) of the Income Tax Act. My wife is working for a Home based Job for a US Consultancy (Marketing H1 B Consultants). Her annual salary with commissions is 5.3 lakhs.
Her company's branch is in India. But all the employees in that are working from home itself.
Her monthly salary details are as follows.
Basic Salary: 18,000
HRA: 7200
Conveyances allowance u/s 10(14)(c): 4800
We are incurring monthly expenses namely Internet Bill, System rent, Maintenance expenses as the job is home based.
I would like to know whether we can claim those expenses while filing Income Tax u/s 10(14)(c) as these expenses are incurring for performing official duties.
Please refer this link also for reference and help me our at your earliest convenient timings asap.
https://finance.indiamart.com/taxation/income_tax/tax_allowances.html
Thanking you all in advance,
With best wishes always,
Venugopal Vemula
CAclubindia
