Form 16

Others 647 views 4 replies

If transport allowance given in Fy is 10000 out of which 9600 is exempt then how this will be shown in from 16.

Replies (4)

Basically, the detailed workings of the allowable Allowances and Perquisites won't come in the Form 16

agree with Sivasiva

In form 16 there is one row which says  Allowance to the extent exempt under section 10, what about that, what to be shown there. In which row i have to merge taxable and exempted allowance.

In the Form 16, there is no seperate column for showing the conveyance received but it is shown in the Salary as per provisions of Section 17(1) itself and then the exemption can be claimed


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