Section 10(14) exemptions

Transport Allowance Exemption - _Physically Disabled Persons_: Exempt up to ₹3,200 per month (Section 10(14) of the Income-tax Act, 1961). -

_Normal Persons_: No exemption for transport allowance. Tour on Transfer Exemption -

_Applicability_: Exempt for both physically disabled and normal persons. - _Exemption Limit_: No specific limit mentioned in the Income-tax Act, 1961.

Claiming Exemptions for Physically Disabled Persons - _Transport Allowance_: Exempt up to ₹3,200 per month. - _Tour on Transfer_: Can be claimed in addition to the transport allowance exemption. New Tax Regime -

_Exemptions Not Allowed_: Under the new tax regime (Section 115BAC of the Income-tax Act, 1961), most exemptions, including transport allowance and tour on transfer, are not allowed

 To summarize: - Physically disabled persons can claim exemptions for both transport allowance (up to ₹3,200 per month) and tour on transfer. -

 Normal persons can only claim exemptions for tour on transfer. - Under the new tax regime, these exemptions are not allowed. Please consult a tax expert or chartered accountant to ensure accurate interpretation and application of these exemptions.