kindly let me know the Non taxable allowances and the amount upto which it is not taxable
From India, Delhi
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From India, Delhi
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We have discussed this topic countless times. You can search in this forum.
Some allowances:
- Conveyance: Rs. 800/- per month
- Child Education Allowance: Rs. 100/- per month per child (maximum 2 children)
- Child Hostel Allowance: Rs. 300/- per month per child (maximum 2 children)
- HRA: 50% of basic in metros & 40% in non-metros
- Medical Assistance: Rs. 1250/- per month (proof to be produced)
- LTA: maximum 2 basic salaries (exempted once in block years)
- Food coupons: Rs. 1350/- per month
- Club Allowance: maximum 2 lakhs per annum.
From India, Lucknow
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616Some allowances:
- Conveyance: Rs. 800/- per month
- Child Education Allowance: Rs. 100/- per month per child (maximum 2 children)
- Child Hostel Allowance: Rs. 300/- per month per child (maximum 2 children)
- HRA: 50% of basic in metros & 40% in non-metros
- Medical Assistance: Rs. 1250/- per month (proof to be produced)
- LTA: maximum 2 basic salaries (exempted once in block years)
- Food coupons: Rs. 1350/- per month
- Club Allowance: maximum 2 lakhs per annum.
From India, Lucknow
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Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf
P-TAX.csv