Section 10(14) exemptions

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58 Points Joined August 2022

Transport Allowance and tour on transfer are two different things. Transport Allowance are exempted for only for physically disabled person upto 3200 per month. But for tour on transfer..

1. It is exempted for both physically disabled and normal person .

2. If tour on transfer is exempted for physically disabled person than can he also claim for tour on transfer over and above 3200 per month of transport allowance.

3. Can these exemption be claimed in new tax regime.

Thanks in advance

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On 30 January 2025 at 12:29 Report
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9456 Points Joined December 2011

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.

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On 30 January 2025 at 13:56


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