TDS ON ALLOWANCES

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3 Points Posted on 07 June 2020
For salaried person what are the allowances which are exempted from tax.
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On 07 June 2020 at 00:16 Report
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This discussion clarifies which allowances are exempt from Tax Deducted at Source (TDS) for salaried individuals. While HRA is generally exempt under specific conditions, the transport allowance is only tax-exempt for differently-abled persons, up to a limit of £1600 per month. Other allowances mentioned are not typically exempt.

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12244 Points Posted on 07 June 2020
HRA, TRANSPORT ALLOWANCE (ONLY FOR DIFFERENTLY ABLED) ETC..
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On 07 June 2020 at 04:37
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Profession
28271 Points Posted on 07 June 2020
Transport and hra are not exempted.
subject to certain conditions.
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On 07 June 2020 at 14:48
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INCOME TAX OFFICER
1736 Points Posted on 07 June 2020
Hra is exempted subject to certain conditions but transport allowance us exempted up to 1600 per month in respect of differently ABLED persons
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On 07 June 2020 at 14:52

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