Uniform allowance exception

Tax planning 708 views 6 replies

I need to know how much amount will be considered in Section 10(14) towards Uniform Expense for an Year or is their any limitation. 

Replies (6)
Amount received , amount spent which ever is lower.... Uniform wholly,exclusively,necessarily and added incurred in the performance of the duties

I need to know is government made any limits towards this..

Entire exempt if the same has been utilized for the purpose it is given

If entire amt is not utilized for the given purpose then the balance remaining would be taxable

Thank You smiley

 

To add, the allowance is applicable, only if there is a dress code.
But some companies are giving more uniform allowance which is unreasonable say 150000. How much it is exempt?


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