My father was BSNL Employee retired in Oct-2008 has paid one time contribution of Rs.1,20000/- to become member of Central Govt Health Scheme(CGHS).BSNL has refund this amount of Rs.1,20000/-- in Financial year 22-23 and said amount reflected in Tax Payer information Sheet & 26AS under head salary.... My question is Refund of one time contribution made to became member of CGHS is Considered as income ?
Sir, Nationalised Bank employees don't receive HRA if they opt for leased accommodation but sometimes they need to pay some extra bucks for rent(specially in cities like Mumbai). For example, if an employee gets 10000 as leased accommodation from his employer(nationalised bank), but he/she needs to pay rent of Rs.13000. Then that extra 3000 got debited from the employee's account (after taking written consent) while transferring the rent directly to the landlord/landlady by the employer (here nationalised bank) because the rent agreement is of 13000 per month. In that case, whether that extra amount can be claimed under section 80GG while complying with all other criteria (like no other house etc.) and having proper rent agreement?
अति सुंदर व्याख्यान। महोदय, चिकित्सा क्षेत्र में नर्सिंग कर्मचारियों को 7200₹ प्रतिमाह नर्सिंग भत्ता मिलता है, परन्तु वह वेतन का भाग नहीं होता। तो क्या वह आयकर के दायरे में आता है?
Sir mere paas 1 pan card hai, recently instant pan se ek new pan ban gya jo ki adhare se link kia hua hai,jab mein new pan ko reprint karne ki apply kia to who rejected hua hai, ab mai purane wale pan ko surrender karna chata hu jo ki adhar se link nahi hai par bank mein kyc purane wale pan se kia hua hai. 1.kya bank mein kyc kia hua pan surrender kia ja sakte hai (no loan etc) 2.surrender kya process kya hai 3.surrender ke baad new pan ko reprint kaise kare
answers, 1. old pan can't be surrender unless you close your kyc bank account. 2. surrender process video : ruclips.net/video/1omyT-txWWk/видео.html 3. reprint of e-pan is easy . just apply for print and you will get in 7 to 10 days. for more updates get in touch with our channel share and subscribe my channel if you like the information provided by our channel.
Very informative video sir ...👍 I have 2 questions .. 1. Conveyance & transport allowance is almost one & the same right ?? 2.Is there an upper limit for Travelling allowance ??
Very informative video. One question - can we claim 1600*12=19200 yearly deduction in ITR in lieu of Conveyance Allowance?? Is it still applicable or has it been merged into Standard Deduction?? My colleagues and friends have this serious question abt conveyance allowance and not able to determine what to do abt it. Your guidance will be very helpful.. thanks
1. see, standard deduction always allowed 2. you can claim Transport allowance 1600*12. if you spent allowance amount in performing office duties. but in my view , you should claim these exemptions through office only. 3. conveyance allowance can also claim through office. for a office going person conveyance allowance or transport allowance are same. so the final conclusion is . if your employer allow you to get exemption in form 16 then you should take it 100% get our channel subscribed from all the colleagues to get more updates
Thanks a lot Sir for the info. Had a query wrt to Conveyance allowance. When an employee gets a fixed amount every month as Conveyance Allowance as part of his salary, do he need to keep bills/receipts for such expenses to be produced to the ITO if required if he wants to claim the allowance as exemption while computing his taxable income and filing ITR? He wants to opt the new regime. Thanks.
in our view , do not claim exemption of conveyance allowance out of form 16. however, you can claim it and submit bills of conveyance expenses to AO if any notice received. Subscribe this channel for more updates and reply
great video sir i have a little confusion at some places i saw that conveyance/ travelling allowance is partly taxable , also some videos says that only a maximum of1900 pm can be claimed in travelling pm also let me if a person gets 1 lakh as travelling/conveyance allowance PA , will he get tax benefit of entire 1 lakh or only the part for which he is able to show expenditure ? for example he only spents 70000 during that year. so what would be the exempted amount 1 lakh or 70k in this case
Bank employee. Basic+da+hra+learning(700)+location(600)+special allowance. I don't have LTA, we get PL encashment money. We get convenience allowance includes news paper but it is not mentioned in salary. I did travel with in India. What all I can file itr
@@incometaxwallah Sir if a company is paying driver allowance to employee, whether it is exempt or not in the hand of employees?? Second if the company is paying a driver allowance to the employee, so Is it required to pay pf and esi for the driver ?
driver allowance to employee is fully taxable. second, pf and esi is something different from salary but employee also has to contribute certain percentage from his salary
The allowances which are mentioned should they form a part of your salary component. Can we claim the exemption if the allowance does not form the component of your salary ?
Sir meri salary slip m mention hota h- 1:- Basic salary 2:- DA 3:- Other allowance 4:- Night duty Sir mera ye confusion h ki m section 10 kese dikhau ya to m Other allowance × 12 kr ke kru ya fir kese kru???? Plz help m sir
It's depending upon the nature. For which transport allowance given, if it for conveyance then fully exempt. If it is just as salary pacakaage then it's fully taxable
Sir please give a reply given below information wrong or right. I asked chatgpt ai module it answer me no you can't make claim standard deduction and transport allowance including. Please give proper answer plz sir 🙏🙏🙏 chatgpt confused me. Basic Salary: ₹50,000 per month Transport Allowance: ₹1,600 per month Gross Total Income (GTI) = (Basic Salary x 12) + Transport Allowance GTI = (₹50,000 x 12) + (₹1,600 x 12) GTI = ₹6,00,000 + ₹19,200 GTI = ₹6,19,200 Less: Transport Allowance: ₹19,200 Standard Deduction: ₹50,000 Gross Total Income after deductions = GTI - Transport Allowance - Standard Deduction Gross Total Income after deductions = ₹6,19,200 - ₹19,200 - ₹50,000 Gross Total Income after deductions = ₹5,50,000
In new slab only 4 allowance get place for exemption. Transport allowance (for physically challenged person) Conveyance allowance Traveling allowance Daily allowance
Sir में railway employee हूँ मैं transportation allowance के बारे में जाना चाहता हूँ ये किया section 10(14)>ii with 2BB 2 में दिखाई जा सकती हैं जो की घर से ऑफिस जाने के लिये मिलता है.
pls tell me , is special concession taxbale or not , given to the all central govt/psu employees posted in kashmir valley (10 districts only) vide DOPT letter no. A24011/22/2022-Estt.(Leave) dt.12 sept 2022
I am working with citi group, my salary component shows 'car entitlement allowance ' .so under which IT section I can claim exemption? I am using self owned car for daily office travel
car entitlement allowance is just a simple allowance as per your designation. hence it is fully taxable. if you get it in shape of reimbursement of petrol, driver salary etc than it would be called perquisite. in that case you could claim partly exemption .
I am a super senior citizen having net taxable income exceeds Rs 5lacs for fy 22-23 pension plus.I i have to pay addl tax of Rs 12500 from 2.5 to 5lacs? Or have to pay tax only for the amount exceeding Rs5 lacs for fy 22-23? There are different version pl clarify namaste
for super senior citizens first 5 lac is tax free. hence you have to pay 20% or 30% tax as the case may be for income above 5 lac subscribe my channel for more updates
Children Education allowance of Rs 1200 (100x12) for one child has already been added to my gross salary shown in Form 16. Hence may I claim deduction of this Rs 1200 for refund in the "New ITR" clause Section 10(14)(ii).....? Plz reply....🙏
there is no maximum limit,. but conveyance allowance not for daily performance on duty. it is for conveyance expenditure incurrered for going outside of office for office work
Dear sir,my salary is more than 20 lakhs per annum..but in my payslip there is no separate mention of fuel allowance..can claim in ITR filing of all these allowances?
Sir for LTA we consider block of year i.e, from JAN to DEC and for Income Tax Calculation we have to consider Financial year i.e, APR to MAR-22, If any employee travels in FEB-22 den does it come under 2018-22 block of year or 2022-25 block of year ? plz advise sir
If exemption of uniform or other exempt allowance not mentioned as exempt in form 16...then can we claim exemption of the same as notice will come if there is any difference between data shown as per form 16 and ITR...kindly suggest
Sir I chose new tax regime with my employer, under section 10 in my form 16 B it says I can claim 49200 exemption which is special area allowance paid to employess working in most difficult areas.. I work in a bank.. is this exemption correct?
HRA u/s 17(2) paid by employer, but at the same time it is deducted by employer, as I am staying in staff quarter How it will treat in return of income
Good morning sir need your assistance on below. Transport allowance 4000 pm Food allowance. 2000 pm If above are the part of our salary then can we claim transport allowance 1600 p.m as food allowance as 1000 p.m as tax exemption if yes pls guide me as section in which I can claim
Morning, Dear Uttam singh, you can take benefits of both as transport allowance just like a conveyance alowance for officer goers. but i suggest you to take benefits, of two allowances you have mentioned, through your employer so that they could reflect in your form 16. out of form 16, claiming exemption of these allowances. i don't suggest
Sir hmare employer ne form no 16 mein phone and conveyance allowance show nhi kia lekin annual salary statement mein show ho rhe hai to kya use ITR mein show kar sakhte hai old regime mein
@@incometaxwallah but they refuse to correct the form no 16 but they have provide us the salary statement duly signed this is authorized or not..... please clear
A railway loco pilot (driver)gets 'Kilometre allowance' as a part of his salary. does he gets exemption u/s 10(14) transport allowance for running staf
Good day. If a person is completing his NRE days and filling ITR in last few years but he is unable to complete his NRE status this year. Is there is any clause that he is exempted from income tax this year.
Sir, Wheather reimbursement amount of LTC received from the employer should be taken for calculation under Gross income of the financial year. If yes, is this amount taxable?
Hi sir. Pls clear my doubt. In my salary slip , my employer gives 1. Uniform maintance reimbursement - 3500 per month 2. Conveyence reimbursement - 2000 per month Are these taxable ? OR should I show any proof to avail this ?
you submit all these proof to your office , and claim all exemption through your employer. However, you are eligible for uniform allowance and conveyance allowance.
@@JM-zl8bi sir old regime choose krne par....govt teacher ki itr me.... 2023 -24 k liye jo itr bharege usme.... 1600 pm ka exemption le skte h. Form 16 me bus normal TA on DA likha hota h..... Alag se kuch description ni hota.... Traveling h , transport h ya conveyance h
I get LTA from the company and I have traveled but forgot to submit the travel documents to the company. I have all documents. So can I claim it directly while filing ITR?
Answers of all of your 3 questions 1. Sea going allowance is part and parcel of salary of Individual working in Navy. its fully taxable what ever they received. 2. LTA is fully exempt in two in a block of 4 year 3. regarding HRA you can watch my this video, You will find downloadable HRA Calculator to know the exemption, in description of video for your support ruclips.net/video/m_xZ2LNp19I/видео.html
Sir mera Job CRPF mai hai CEA 27000 milta hai jiska Exemption 1200 mila hai form 16 me School ki fee 3500 per month pay krta ho kya 3500x12 = 42000 amount 80c (1.5 lakh) mai dikha sakta ho itr bharte samay plz reply
Hi sir. I received conveyance reimbursement as 2000 per month from my employer. I'm from tamilnadu. My work location is Delhi. Can I submit my travel ticket from Chennai to Delhi as proof to claim this conveyance allowance in my case?
Write your experiences and questions here to get them clear faster
Team Income Tax Wala
My father was BSNL Employee retired in Oct-2008 has paid one time contribution of Rs.1,20000/- to become member of Central Govt Health Scheme(CGHS).BSNL has refund this amount of Rs.1,20000/-- in Financial year 22-23 and said amount reflected in Tax Payer information Sheet & 26AS under head salary.... My question is Refund of one time contribution made to became member of CGHS is Considered as income ?
Education allowance, utility allowances etc. are taxable or not. Pls reply sir
Convenience allowances is exempted or not ,or it comes under standard deduction for salaried employees
Conveyance allowance is exempt to the extent of actual expenditure
No, this amount is not your income
You are videos are very informative you are gam income tax wala financial expert and CA Sudesh Kumar Gupta thank you so much for providing such a nice
Thanks
अति सुंदर गुप्ता जी
Hi, thanks for sharing this video.
How to treat driver allowances?
its fully taxable
Please clarify regarding Transport Allowance...
Who is eligible for it
already explained
Sir,
Nationalised Bank employees don't receive HRA if they opt for leased accommodation but sometimes they need to pay some extra bucks for rent(specially in cities like Mumbai).
For example, if an employee gets 10000 as leased accommodation from his employer(nationalised bank), but he/she needs to pay rent of Rs.13000. Then that extra 3000 got debited from the employee's account (after taking written consent) while transferring the rent directly to the landlord/landlady by the employer (here nationalised bank) because the rent agreement is of 13000 per month.
In that case, whether that extra amount can be claimed under section 80GG while complying with all other criteria (like no other house etc.) and having proper rent agreement?
intelligent question,
No you can't calaim extra amt in 80GG
@@incometaxwallah okay, thank you sir.
अति सुंदर व्याख्यान। महोदय, चिकित्सा क्षेत्र में नर्सिंग कर्मचारियों को 7200₹ प्रतिमाह नर्सिंग भत्ता मिलता है, परन्तु वह वेतन का भाग नहीं होता। तो क्या वह आयकर के दायरे में आता है?
As per me it's taxable
Sir mere paas 1 pan card hai, recently instant pan se ek new pan ban gya jo ki adhare se link kia hua hai,jab mein new pan ko reprint karne ki apply kia to who rejected hua hai, ab mai purane wale pan ko surrender karna chata hu jo ki adhar se link nahi hai par bank mein kyc purane wale pan se kia hua hai.
1.kya bank mein kyc kia hua pan surrender kia ja sakte hai (no loan etc)
2.surrender kya process kya hai
3.surrender ke baad new pan ko reprint kaise kare
answers,
1. old pan can't be surrender unless you close your kyc bank account.
2. surrender process video : ruclips.net/video/1omyT-txWWk/видео.html
3. reprint of e-pan is easy . just apply for print and you will get in 7 to 10 days.
for more updates get in touch with our channel
share and subscribe my channel if you like the information provided by our channel.
Excellent demo
Thanks 🙏
Very informative video sir ...👍
I have 2 questions ..
1. Conveyance & transport allowance is almost one & the same right ??
2.Is there an upper limit for Travelling allowance ??
No upper limit for allowances
Fuel Allowance, Communication allowance, newspaper allowance, corporate Attire Allowance available in new regime?
no, all are taxable in new regime
Very informative video. One question - can we claim 1600*12=19200 yearly deduction in ITR in lieu of Conveyance Allowance?? Is it still applicable or has it been merged into Standard Deduction??
My colleagues and friends have this serious question abt conveyance allowance and not able to determine what to do abt it. Your guidance will be very helpful.. thanks
1. see, standard deduction always allowed
2. you can claim Transport allowance 1600*12. if you spent allowance amount in performing office duties. but in my view , you should claim these exemptions through office only.
3. conveyance allowance can also claim through office. for a office going person conveyance allowance or transport allowance are same.
so the final conclusion is . if your employer allow you to get exemption in form 16 then you should take it 100%
get our channel subscribed from all the colleagues to get more updates
Thanks a lot Sir for the info. Had a query wrt to Conveyance allowance. When an employee gets a fixed amount every month as Conveyance Allowance as part of his salary, do he need to keep bills/receipts for such expenses to be produced to the ITO if required if he wants to claim the allowance as exemption while computing his taxable income and filing ITR? He wants to opt the new regime. Thanks.
in our view , do not claim exemption of conveyance allowance out of form 16.
however, you can claim it and submit bills of conveyance expenses to AO if any notice received.
Subscribe this channel for more updates and reply
@@incometaxwallah Thanks a lot.
Subscribe this channel for more update
great video sir
i have a little confusion at some places i saw that conveyance/ travelling allowance is partly taxable , also some videos says that only a maximum of1900 pm can be claimed in travelling pm
also let me if a person gets 1 lakh as travelling/conveyance allowance PA , will he get tax benefit of entire 1 lakh or only the part for which he is able to show expenditure ? for example he only spents 70000 during that year.
so what would be the exempted amount 1 lakh or 70k in this case
70000 exempt from conveyance allowance
Conveyance allowance mai kuch log 1600 pm bolte hai lene… plz ise clear kre
Greetings!!!
Well explained sir
Need to ask one thing
What are the maximaum exemption limits for these allowances.?
there is no such limit for allowances but each allowance has their own exemption limit.
In hybrid model can we claim remote work allowance and convenience allowance together?
YES
Bank employee.
Basic+da+hra+learning(700)+location(600)+special allowance. I don't have LTA, we get PL encashment money. We get convenience allowance includes news paper but it is not mentioned in salary. I did travel with in India. What all I can file itr
Yes
दमदार
@@ArvindSharma-ki7un thanks
Sir posting allowance jo transfer Hone pe milta hh paramilitary forces ko wo exempt hota hh kya??????
Sir?????
Under which section there is tax deduction in incentive given to work in hilly areas
Section 17 (3)
Driver salary allowance kaha cover hoti he ( servant or helper allowance)
ESI or pf ki liability company ho sakti he ??
na servent na helper. its fully taxble.
company and employee both have esi and pf liability by a certain percentage
subscribe our channel also
@@incometaxwallah
Sir if a company is paying driver allowance to employee, whether it is exempt or not in the hand of employees??
Second if the company is paying a driver allowance to the employee, so Is it required to pay pf and esi for the driver ?
driver allowance to employee is fully taxable.
second, pf and esi is something different from salary but employee also has to contribute certain percentage from his salary
Project Area Allowance for bank employees is taxable or not ?
fully taxable
Fuel and Maintenance reimbursement paid by company is exempt in new tax regime?
All reimbursements are not taxable
The allowances which are mentioned should they form a part of your salary component. Can we claim the exemption if the allowance does not form the component of your salary ?
If allowances nit form part of salary. Then you can't claim exemption
Is personal allowance and professional attire allowance are taxable?
Yes
Sir meri salary slip m mention hota h-
1:- Basic salary
2:- DA
3:- Other allowance
4:- Night duty
Sir mera ye confusion h ki m section 10 kese dikhau ya to m Other allowance × 12 kr ke kru ya fir kese kru????
Plz help m sir
Isme se kuch bhi exempt nahi h.
Normal itr 1 file karo aur pura tax pay ker dijiye
@@incometaxwallah ok thanks sir🙏
Thanku sir maja aa gya❤
Glad you like this video
Very useful
Glad you think so!
what about Transport allowance for government doctors ? Can it be be claimed under exemptions ?
It's depending upon the nature. For which transport allowance given, if it for conveyance then fully exempt.
If it is just as salary pacakaage then it's fully taxable
Can the transport allowance and leave travel allowance claimed directly during ITR filing .
Usefull
आपका बहुत बहुत धन्यवाद
Sir please give a reply given below information wrong or right. I asked chatgpt ai module it answer me no you can't make claim standard deduction and transport allowance including. Please give proper answer plz sir 🙏🙏🙏 chatgpt confused me.
Basic Salary: ₹50,000 per month
Transport Allowance: ₹1,600 per month
Gross Total Income (GTI) = (Basic Salary x 12) + Transport Allowance
GTI = (₹50,000 x 12) + (₹1,600 x 12)
GTI = ₹6,00,000 + ₹19,200
GTI = ₹6,19,200
Less:
Transport Allowance: ₹19,200
Standard Deduction: ₹50,000
Gross Total Income after deductions = GTI - Transport Allowance - Standard Deduction
Gross Total Income after deductions = ₹6,19,200 - ₹19,200 - ₹50,000
Gross Total Income after deductions = ₹5,50,000
This calculation is right, as you got standard deduction
Education allowance,utility allowances are taxable or not in IT2
Children education allowance is exempt 100 rs. Per child per month.
Utility allowance is fully taxable
Very good 🌹
Thank you! Cheers!
Sir new slab me transport allowance 10(14) (I) Rule 2BB or 10(14) (II) rule 2Bb kisme aur kitna claim kar sakte hai...???
In new slab only 4 allowance get place for exemption.
Transport allowance (for physically challenged person)
Conveyance allowance
Traveling allowance
Daily allowance
@@incometaxwallah Thank you sir..Sir Transport allowance old slab me exempt claim kar sakte hai.. maximum amount kitna milega?? Please help me
@@arpanmondal8274 allowed up to 3200 pm
@@incometaxwallah Sir I am not physically handicapped as a normal government employee can I claim transport allowance(Old Slab)??🙏
Sir, Is night duty allowance exempted from income tax for class 4 employees in railway?
its fully taxable
Sir में railway employee हूँ मैं transportation allowance के बारे में जाना चाहता हूँ ये किया section 10(14)>ii with 2BB 2 में दिखाई जा सकती हैं जो की घर से ऑफिस जाने के लिये मिलता है.
यह दिखाया जा सकता हैं लेकिन रैल्वे डिपार्ट्मैंट के जरीये आप इस एग्जैम्पशन को कलेम करे
Sir. Is night duty allowance and national holiday. Working allowance are tax. Are Tax relax please guide
fully taxable
Sir how to calculate the 10(14) allowance and add in exempt list while filling itr
स्कूल teacher dress allowance को कैसे tax me छूट ले सकता हौ और कितनी maximum
fully exempt under uniform allowance
@@incometaxwallah school teacher को uniform allowance नही मिलता है, तो वो कितने amount तक का Tax exemption ले सकते है under Uniform Allowance!
Paramilitary CRPF or other forces ke exempt allw or kon se section mai atte hai
All allowances are cover u/s 17, section 10 of income tax act
Dress allowance kya taxable hai new tax regime me?
exempt
pls tell me , is special concession taxbale or not , given to the all central govt/psu employees posted in kashmir valley (10 districts only) vide DOPT letter no. A24011/22/2022-Estt.(Leave) dt.12 sept 2022
yes, is available
Sir, soft furnishing allowance is fully taxable or exempted. Kindly, give information regarding this.
Thanks
Yes, sure, it's fully taxable
spectacle Allowance of Govt employees. ... Taxable ?
defence forces ko milne wale allowances ke baare m bataye sir plz.
Sure, soon
I am working with citi group, my salary component shows 'car entitlement allowance ' .so under which IT section I can claim exemption?
I am using self owned car for daily office travel
car entitlement allowance is just a simple allowance as per your designation. hence it is fully taxable.
if you get it in shape of reimbursement of petrol, driver salary etc than it would be called perquisite. in that case you could claim partly exemption .
@@incometaxwallah thank you, If I lease car from company then I will get tax benefit for fuel,emi, maintenance right?
@@shrisaitoursandtravels7303 correct
Sir you can build one video for defence person how to do e filing itr 1
yes. in next 4-5 days you will receive such video
thanks for suggesting nice topic.
is sumptuary allowance given to judges is exempt under new tax regime
its tax free in new tax regime also
Sir, yeh Allowances ka exemption ka benefit lene k liye employer ko karna hoga ya employee direct exemption le sakte hai
Employer se allowances ki exemption lijiye
I am a super senior citizen having net taxable income exceeds Rs 5lacs for fy 22-23 pension plus.I i have to pay addl tax of Rs 12500 from 2.5 to 5lacs? Or have to pay tax only for the amount exceeding Rs5 lacs for fy 22-23? There are different version pl clarify namaste
for super senior citizens first 5 lac is tax free. hence you have to pay 20% or
30% tax as the case may be for income above 5 lac
subscribe my channel for more updates
tough location allowances4100 per month is taxable or not taxable.in new tax regime calculation
TAxable in new tax regime
What about fitness and professional allowance in which category thwy are coming sir
fully taxable
SIR RMA ( RATION MONEY ALLOWANCE) IS EXEMPT OR NOT FOR PARAMILITARY PERSONAL..??
Fully exempted
@@incometaxwallah sir RMA form 16 me mention nhi hh iss case me kya karu ????
@@VivekSharma-sv7qb iss case m koi exemption nahi milegi
Sir ji jo force ko TPT. Aur SDA allowance milta ha bo kitna exempt hota ha please reply this
fully taxable
Children Education allowance of Rs 1200 (100x12) for one child has already been added to my gross salary shown in Form 16. Hence may I claim deduction of this Rs 1200 for refund in the "New ITR" clause Section 10(14)(ii).....? Plz reply....🙏
Internet and transport allowance?
internet net allowance fully taxable
transport allowance exemption nil w.e.f. AY 2019-20
Earlier to this 1600 Rs. PM
Sir jo conveyance allowance hota hai daily perform duty ke liye uske liye hum maximum kitne rupay exempt krwa skte hai ITR fill krne pr.
there is no maximum limit,.
but conveyance allowance not for daily performance on duty.
it is for conveyance expenditure incurrered for going outside of office for office work
@@incometaxwallah thanks sir....
Nursing allowance tax free hain? Agar hain to kaunsa section mein?
Fully taxable
Sir remuneration of CBSE or NIOS are taxable or not? Kindly guide and ITR section
all the remuneration taxable. you may be asking about paper checking remunation of CBSE.
If so that is also taxable as income from other sources
Please tell me tough location allowance 4100 is taxable or not in new tax regime
ok
Dear sir,my salary is more than 20 lakhs per annum..but in my payslip there is no separate mention of fuel allowance..can claim in ITR filing of all these allowances?
what about special allowances. can we avail any benefit by special allowances (this is very common term and part of many IT employee).
lot of questions arise on it
special allowance is a residury allowance, its fully taxable
Sir, what is management allowance?
what ever it is but its fully taxable
What about Travel from office to home
Not eligible
Sir
New tax regime में convayance allowance का deduction नहीं हो रहा है कृपया स्पष्ट करें
It's allowed in new tax regime
Sir for LTA we consider block of year i.e, from JAN to DEC and for Income Tax Calculation we have to consider Financial year i.e, APR to MAR-22, If any employee travels in FEB-22 den does it come under 2018-22 block of year or 2022-25 block of year ? plz advise sir
it cover under 22-25
Hardship allowance exempted or taxable?
Taxable
Please sir one time check
And reply. I received 7469/m
How many exemption or fully taxable
aap hamari videos dekhate rahiye - ek special video army ke liye process mai h. usme calculator bhi hoga
If exemption of uniform or other exempt allowance not mentioned as exempt in form 16...then can we claim exemption of the same as notice will come if there is any difference between data shown as per form 16 and ITR...kindly suggest
you can claim but if there any difference between form 16 or ITR than you may receive notice,
so my suggesstion is don't claim.
Sir I chose new tax regime with my employer, under section 10 in my form 16 B it says I can claim 49200 exemption which is special area allowance paid to employess working in most difficult areas.. I work in a bank.. is this exemption correct?
no, there is no such exemption in law in new tax regime
Sir
CCA and HRA both claim kr skte h ek saath?
CCA is fully taxable. You can claim exemption only in HRA
HRA u/s 17(2) paid by employer, but at the same time it is deducted by employer, as I am staying in staff quarter How it will treat in return of income
Sir,
Is furniture allownce taxible or not. Please guide me sir
It's fully taxable
Good morning sir need your assistance on below.
Transport allowance 4000 pm
Food allowance. 2000 pm
If above are the part of our salary then can we claim transport allowance 1600 p.m as food allowance as 1000 p.m as tax exemption if yes pls guide me as section in which I can claim
Morning,
Dear Uttam singh,
you can take benefits of both as transport allowance just like a conveyance alowance for officer goers.
but i suggest you to take benefits, of two allowances you have mentioned, through your employer so that they could reflect in your form 16.
out of form 16, claiming exemption of these allowances. i don't suggest
Sir hmare employer ne form no 16 mein phone and conveyance allowance show nhi kia lekin annual salary statement mein show ho rhe hai to kya use ITR mein show kar sakhte hai old regime mein
you can show and get the exemption for conveyance allowance but always take it through employer. so i don't suggest now to take exemption
@@incometaxwallah but they refuse to correct the form no 16 but they have provide us the salary statement duly signed this is authorized or not..... please clear
now they don't do. so take exemptions from april 2023
Can I calim conveyance allowance along with standard deduction of 50000
yes,
A railway loco pilot (driver)gets 'Kilometre allowance' as a part of his salary. does he gets exemption u/s 10(14) transport allowance for running staf
kilometre allowance is fully taxable
Good day. If a person is completing his NRE days and filling ITR in last few years but he is unable to complete his NRE status this year. Is there is any clause that he is exempted from income tax this year.
If you have no Indian income, then no need to file itr in india
Good day sir. Earlier i am holding the NRE status. Last year i am not able to do the same. Is there is any problem in future arises???
problem arise or not, we can't say unless we know your financial data.
Sir,
Conveyance allowance, Washing allowance aur HRA se tax exemption le sakte hain jab mujhe 50k ka standard deduction bhi mila hai
Yes these allowance are apart from standard deduction
@@incometaxwallah section 10(14)(ii) and Section 10(14)(i) ka tax exemption standard deduction ke alawe milega ?
Sir night shift allowance taxable hai ya exempted hai pla reply bahar ki company hai
The daily commute to office expenses, can i claim it in TA exemptions? the distance could go to 80km
yes. but through your employer form 16
Kilometer allowance and leave allowance of railway..guard/loco pilots ko milta hai...its taxable or not...?
both are taxable
I AM A GOVT EMPLOYEE,i HAVE BEEN ISSUED A FORM 16 WITHOUT GRANTING EXEMPTION ON CONVEYANCE ALLOWANCE AND ANNUAL(ACADEMIC) ALLOWANCE .how TO go ahead
Sir,
Wheather reimbursement amount of LTC received from the employer should be taken for calculation under Gross income of the financial year. If yes, is this amount taxable?
LTC if fully Tax free.
Can I get conveyance allowance deduction after standard deduction
Sir mai army Maj hu
Or mai ration ki jagah ration money leta hu
Ration army mai free hai
Ky mai RATION MONEY EXEMPT ker skta hu
Or
TPTL v
It's a kind of reimbursement, and all reimbursement is not taxable
I am software engineer and my company provides me personal pay instead of special allowance. Will it be fully taxable?
Fully taxable
Traveling Allowance jo har month ko milta hai. Wo tax free hai ki nahi.
it is tax free
Hi sir. Pls clear my doubt.
In my salary slip , my employer gives
1. Uniform maintance reimbursement - 3500 per month
2. Conveyence reimbursement - 2000 per month
Are these taxable ? OR should I show any proof to avail this ?
you submit all these proof to your office , and claim all exemption through your employer.
However, you are eligible for uniform allowance and conveyance allowance.
Sirg, me railway me hu. Muje national holiday allowance and night duty allowance milta he.
To kya isko exemption me dikha sakta hu?
No
@@JM-zl8bi sir old regime choose krne par....govt teacher ki itr me.... 2023 -24 k liye jo itr bharege usme.... 1600 pm ka exemption le skte h.
Form 16 me bus normal TA on DA likha hota h..... Alag se kuch description ni hota.... Traveling h , transport h ya conveyance h
I get LTA from the company and I have traveled but forgot to submit the travel documents to the company. I have all documents. So can I claim it directly while filing ITR?
yes, you can claim
Sir mera sea going allowance ata hai kya isko exemption me dikha skte h... LTA aur HRA kitna amount exemption hai
Answers of all of your 3 questions
1. Sea going allowance is part and parcel of salary of Individual working in Navy.
its fully taxable what ever they received.
2. LTA is fully exempt in two in a block of 4 year
3. regarding HRA you can watch my this video, You will find downloadable HRA Calculator to know the exemption, in description of video for your support
ruclips.net/video/m_xZ2LNp19I/видео.html
Sir mera Job CRPF mai hai
CEA 27000 milta hai jiska
Exemption 1200 mila hai form 16 me
School ki fee 3500 per month pay krta ho kya 3500x12 = 42000 amount 80c (1.5 lakh) mai dikha sakta ho itr bharte samay plz reply
yes you can claim both
CEA exemption 100 rs per month per child upto 2 child
80C deduction for school fees paid 42000
@@incometaxwallah thanks sir🙏
I get design allowance for my designated post by state government will this allowance is taxable or non taxable.
fully taxable
sir, can i get tax benefits of all the 6 allowances as you told in video, in new tax regime.
Deduction for all 6 allowances not available in new tax regime. Only 3 allowances are available for deduction as I told in my video
Sir how to claim sodaxo coupon ( which section)
Not possible, its a perquisite
Pls sir tell me ,,Nursing allowance is taxable और not
its fully taxable
Sir agr taxable allowance ko exemption me dikha de to kya hoga
I don't suggest, it is against the law. Notice aayega surly
@@incometaxwallah sir notice ane k bad itr revise krna padega
@@akashupadhyay4694 notice aane ke baad tax pay karna padega penalty ke saath.
Hi sir. I received conveyance reimbursement as 2000 per month from my employer.
I'm from tamilnadu. My work location is Delhi. Can I submit my travel ticket from Chennai to Delhi as proof to claim this conveyance allowance in my case?
See, there are two things, conveyance reimbursement and conveyance allowance.
Conveyance reimbursement is not taxable ever.
@@incometaxwallah thanks for the quick reply sir. 😊
Night shift allowance taxable hai ya exempted pls reply
fully taxable