| Originally posted by :mohd javed | ||
| " | Children education Allowance is exempted to the extent of Rs. 100P.M. per children up to a maximum of 2 children. Suppose he is allowing Rs.80pm for each of 2 child then it is fully exempted.......and if the amt is Rs.150 pm for each of 2 child then 50*2*12 will be taxable. |
" |
i already post it javed !!
| Originally posted by :Harsh*t Aggarwal | ||
| " | Children education Allowance is exempted to the extent of Rs. 100P.M. per children up to a maximum of 2 children. Suppose he is allowing Rs.80pm for each of 2 child then it is fully exempted.......and if the amt is Rs.150 pm for each of 2 child then 50*2*12 will be taxable. |
" |
nw u r confused btn perq n allowance above is allowance n perq is
1if EMPLOYER incurrs cost of education thn actual xpenditure met b y EER
2WAT UR DOUBT IS TAT IS FREE EDUCATION FACILITY...THN ans is cost of edu is upto 1000pm per child " or else fully taxable"were i mean if more thn 100 say 1200 fully taxable
i 4got 2 tell perq is in hands of specified Eee
Children education Allowance is exempted to the extent of Rs. 100P.M. per children up to a maximum of 2 children.
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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