HAI
MY FRIEND IS GETTING SALARY OF RS.800000.HIS PAYSLIPS COSISTS OF HRA,CONVEYANCE ALLOWANCE AND ALSO SPECIAL ALLOWANCEOF RS.200000 P.A..WHAT IS THE TAXABILITY OF SPECIAL ALLOWANCE.CAN I TAKE 50% OF SPECIAL ALLOWANCE AS EXEMPTED INCOME UNDER 10(14).(HE IS GOING TO OFFICE BY EITHER CAB OR BUS)
TQ SIR.THEN HOW TO DO TAX PLANNING ON SPECIAL ALLOWANCES
Shaswat initial support private limited
Ahmedabad
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BHUPINDER SHAH AND COMPANY
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CAclubindia
