62. Allowances - Exemption Rule 2BB | Income under the head Salary

Allowances - Exemption Rule 2BB | Income under the head Salary
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allowances which are fully taxable
section 10(14)(ii) of income tax act
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#carajkagrawal #allowance #conveyanceallowance #taxfreeincome #exemptions #taxationinindia #savetaxes #allowances #incometaxact1961 #incometax #incometaxact #taxplanning #taxinformationyoutube #caintertaxation #csexecutiveclasses #cmainterclasses #cmaintermediate #csexecutivelectures

[@StudyAtHome]

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[@spiritualbrahmad]

At 19:56 3610-2300=1310 in case of CEA(I.e. 1000, 1100,1200 exemption we taken last two ...) 10590-6790=3890 in case of H.E.A (I.e. 3000,3190,3600 we taken last two ....

[@saniyamehandistudio8828]

Thank you so much for your support 🙏🏻🙏🏻🙏🏻🙏🏻

[@StudyAtHome]

👍

[@ankitjha2]

19:55 Exemption: (CEA) Munnu : 100*10 =1000 Chunnu : 100*11 =1100✅ Punnu : 100*12 =1200✅ EXEMPTION: 1100+1200= 2300 Exemption: (HEA) Munnu : 300*10 =3000 Chunnu : 290*11 =3190✅ Punnu : 300*12 =3600✅ EXEMPTION: 3190+3600= 6790

[@souvikdey2087]

The best teacher I have seen in my entire life

[@StudyAtHome]

Thank you so much 😇

[@ambrishkumar1049]

Thank you Sir for your valuable efforts 😊 These lectures are helpful for me❤

[@StudyAtHome]

Happy to hear that 😊

[@priyanshuguptakartavyabatc2334]

The answer of the example is CEA TOTAL PAY IS 3,610 AND EXEMPT AMOUNT IS 2,300 SO TAXABLE CEA IS 1,310( 3,610-2,300) THE ANSWER OF HEA TOTAL PAY IS 10,590 AND EXEMPT AMOUNT IS 6,790 SO TAXABLE AMOUNT IS 3,800( 10,590-6,790)

[@StudyAtHome]

Good👍

[@yashsoni4727]

thank you sir very much

[@StudyAtHome]

Welcome

[@ritu10.]

Thank you so much sir for providing these free lectures 🙏🙏

[@StudyAtHome]

It's my pleasure! 😊🙌

[@binalpatel7172]

Ye video miss ki hoti to children education and hostel Allowance Exam me galat calculate ho jati Thank you sir for right understanding ❤❤

[@StudyAtHome]

It's my pleasure!😊

[@ankitjha2]

15:08 Exemption : Chotu 100*11 = 1100 ✅ Motu 90*12 = 1080 ✅ Khotu 100*10 = 1000 Exemption: 1100+1080 = 2180

[@ankitjha2]

Thank you sir ❤️ Happy Birthday to you sir wish you a very happy, healthy and prosperous year ahead ❤️

[@ritikjaiswal107]

Best teaching skill so far i watch all of above other than youtubers on taxation great work sir 👌🏻 keep uploading sir 🙏🏻

[@StudyAtHome]

Your encouragement means a lot to me 😇

[@pranavsingh5572]

thank you so much sir for providing these quality lectures

[@StudyAtHome]

You're always welcome!

[@Professional-Rohit]

Sir apki lectures nhi aati ha to lagta ha study complete nhi hua thank you sir ❤

[@StudyAtHome]

Glad to know that! Thank You🙌

[@Amitkumar-vl3dn]

exemption for chotu = 1100, motu = 1080, khotu = 1000. so, total exemption = 2180. 3280-2180=1100 taxable. for chunnu munnu punnu exemption for children education IS 2300 and exemption for hostel expenditure is 6790.

[@ameetopiwala7255]

CEA Exemption - 2300 Taxable - 1310 HEA Exemption - 6790 Taxable - 3800

[@user-lu7iu8nn5h]

Thanku sir. lots of love ❤

[@StudyAtHome]

Always welcome, thanks for your love and support😄🙌

[@rohitjindal1356]

Maza agya sirji leacture dekhke apka humara din ban jata hae 💛 daily leactures late raha kro sir

[@StudyAtHome]

Delighted to hear that the lectures bring joy to your day! Thanks for the encouragement!

[@SrishtiGoel14]

Thank you very much sir 😊

[@StudyAtHome]

You're most welcome! 😊

[@Meatmoon]

Are sir aapne jis variety ke questions explain kiye na Children education & hostel allowance Mai 100% exam mai galti karta... Level of teaching is god level...❤❤❤

[@StudyAtHome]

Thank you so much! 😊🙌

[@mavanihetal6024]

Munu , chunu, punu vala ex me hotel allowance me exempt 2300 &hotel allowance me exempt 6900

[@Meatmoon]

21:31 No Allowance 290 mila tha toh exemption bhi 290 tak hi restricted hai or 11 month hi mila tha 290*11 : 3190 Yesa nhi ho sakta ki allowance received horra hai 290 ka or exemption lere ho 300 ka Exemption can not exceed the income Hope it clear

[@nripendraku]

Chunnu 1100+punnu 1200=2300 will be exempt rest is taxable for CEA and chunnu 3190+punnu 3600=6790 will be exempt rest is taxable for HEA

[@RitikaSingh-ki7jc]

Happy CA Day sir💕.

[@payalmalviya8489]

19:55. Children edu allowance Munnu - 120 × 10 = 1200 Chunnu - 110× 11 = 1210 Punnu - 100× 12 = 1200 Total = 1200+1210+1200= 3610 As per rule 2BB 👇 Munnu - 100 × 10 = 1000 Chunnu - 100× 11 = 1100 Punnu - 100×12= 1200 exempt= chunnu + punnu = 1100+ 1200 = 2300 Taxable= 3610- 2300 =1310 Hostel exp. Allowance Munnu - 380×10= 3800 Chunnu - 290×11= 3190 Punnu - 300×12= 3600 Total = 3800+3190+3600= 10590 Exemption Munnu- 300×10 = 3000 Chunnu-290×11=3190 Punnu -300×12=3600 exemption - Chunnu+ punnu = 3190+3600 = 6790 Taxable= 10590- 6790 = 3800 😅

[@subhajitmajumder9013]

Enjoyed ❤

[@StudyAtHome]

Thanks

[@UjjwalKumar-pf2gx]

CEA taxable- 1310, HEA Taxable- 3800

[@VikasSingh-jx6sj]

Sir apane lec ke sath sath rule 2bb ke exemption ka jo reaction diya wo bht awesome tha 😃😃

[@StudyAtHome]

Thank you! 😄

[@debashisganguly6680]

Sir, 19:55 Children Education allowances: Exempt - 2300 Taxable - 1310 Hostel Allowances: Exempt - 6790 Taxable - 3800.

[@the_wayitalk]

mast padhate ho sir

[@StudyAtHome]

Thanks

[@CallMeRandomGuy]

Thank you sir what a great teaching skill you have 👑❤️

[@StudyAtHome]

You are very welcome! Glad you like my teaching skills😊

[@Student_._.]

19:58 CEA EXEMPTION MUNNU :- 1000, CHUNNU:- 1100, PUNNU:- 1200, HEA EXEMPTION MUNNU:- 3000, CHUNNU:- 3190, PUNNU:- 3600.

[@KrishnaRoy-ek4io]

Sir mera dono v ans sahi aaya 😊 thankyou so much guru dev 🙏 itna aacha se samjhane ke liye

[@StudyAtHome]

Good. Keep it up 👍🏻

[@jharagini3862]

Thank you so much sir❤

[@StudyAtHome]

You're most welcome!

[@sourabhyadav657]

Thank u sir ji exemption for choutu 1100 and motu is 1080

[@StudyAtHome]

You're welcome!

[@mdjahangiralam1009]

Thankyou sir for explaining in a very easy manner

[@StudyAtHome]

You're Welcome!

[@debashisganguly6680]

25:53 the best funniest part in this lecture 😂. Thank you sir for you support and knowledge ❤ in funny & intresting way ❤

[@StudyAtHome]

It's my pleasure! Glad you liked it! Keep watching! 😄🙌

[@AfreenBano-cy9cw]

20:02 exempt -3000&3190

[@KitabeeOrg]

Sir 3 children hai, A B C. children education allowance A aur B ka zyada hai, and hostel allowance B C ka, toh bhi same way mei calculate karenge jaise aapne kiya?

[@StudyAtHome]

Yes

[@piyushchourasiya4440]

Chotu exempt 1100 (100*11) Khotu exempt 1000 ( 100 *10)

[@tusharrajput9149]

Answer is correct sir 1100. Is taxable

[@StudyAtHome]

Good!

[@SahilKumar.05]

Your lecture are helpful for students

[@StudyAtHome]

Thank You! Glad you found these lectures helpful.

[@the_wayitalk]

wow lecture

[@StudyAtHome]

Thanks

[@sidhesh15]

itna chota exemption se toh aacha tha govt deti he nhi .tax may toh koi furk wase bhi nhi padega yaad krna padega wo alag 😂😂😂😂

[@zeeshankhan90122]

THANK YOU SO MUCH SIR ,,, SIR 1 DOUBT THA ,, JITNE BHI YE ALOWANCES DIYE JARAHE HAI ,, YE GOV EMPLOYEES KE LIYE EXEMTION HAI YA NON GOV EMPLOYEES KE LIYE,,,,

[@aadibhardwaj9266]

Education exemption 2300 and hostel exemption 6790

[@ameetopiwala7255]

Thank you so much sir for the wonderful lecture 😊

[@StudyAtHome]

You're most welcome! 🙌

[@gireeshkumarsahu1233]

2Ans:- 1200 Taxable CEA 3800 taxable HEA

[@Student_._.]

15:08 exemption= 2200, cea taxable= 1080

[@santoshmodi1863]

19:18 Exempt :- CEA- 2300 HEA- 6790

[@hiteshkamrani50]

Very helpful video sir

[@StudyAtHome]

Thanks you!

[@rimuru_tempest552]

Chunnu and punnu ke liye 1100 and 1200 exemption respectively in CEA and 3190 and 3600 exemption respectively in HEA

[@dhruvathakur3750]

Sir pls icai ke latest module of taxation ke illustrations bhi solve kejeye na

[@StudyAtHome]

Yes covering

[@dhruvathakur3750]

@@StudyAtHome sir covering??? Sir..Are you trying to say you will be covering in the future lectures Plss sir the salary heads illustrations in icai module are very tricky and hard to understand Will be waiting for your lec on icai salary and other heads illustrations

[@ChanPardhan-vj2vb]

CEA=2300 IS EXEMPT AND 1310 IS TAXABLE HEA=6790 IS EXEMPT 3800 IS TAXABLE

[@ASHUTOSHKUMAR-ro1eq]

Sir ye allowance for transport employees ka deduction flight attendant/ cabin crews ko bhi milegi kya because they also work in transport system??? unko basic flying allowance ke naam se milta hai.

[@rahulaggarwal5707]

Exemption under cea = 2180 taxable = 1100

[@sankalpmatrimonial310]

Good

[@StudyAtHome]

Thanks!

[@ankitjha2]

I've a Doubt sir ..... Sir will these limits change in case of 115BAC ..? In the study material Page No. 3.27 the amount of taxable Children Education Allowance is changed in case of New Tax Regime ... Please clarify sir ...

[@gautamthakur9164]

Bhai study mat ke ch ke starting me ek chota sa format given hai usse pata chl jaega waise ye sb allowances taxable hote hai new scheme me

[@ankitjha2]

@@gautamthakur9164 Ooh yeah Thanks buddy

[@StudyAtHome]

the exemptions which are not allowed us 115BAC are taught in Basic concepts chapter. Watch here - kzbin.info/www/bejne/hZakoZqImbiaiNEfeature=shared

[@ankitjha2]

@@StudyAtHome ok thanks sir

[@BILOOBADSHAH-xc8fd]

Congratulations for 400 k ❤ sirji

[@StudyAtHome]

Thank you!

[@KamalAggarwal-vs8cp]

Useful demo

[@ashishrana745]

Sir ICAI module mein Page no. 3.27 illustration no2 mein jaise 2 tareekon se taxable allowance nikalni hai.. Mtlb ek toh option of shifting out of default tax regime hai or dusra under default tax regime. Aur under default tax regime i.e., u/s 115BAC mein ye sb allowances pe exemption nahi milti kya?

[@StudyAtHome]

various exemption is not available when you are paying Tax as per new regime. These things have been taught in Sec. 115BAC Video. Watch this - kzbin.info/www/bejne/hZakoZqImbiaiNE

[@tanyasingh2955]

15:08 exempt in all cases

[@shrikanthknkumar3402]

19:21 CAE exemption 2300 and Taxable 1310, HEA exemption 6790 and Taxable 3800

[@StudyAtHome]

👍

[@zeeshankhan90122]

THANK YOU SIR

[@StudyAtHome]

Most welcome!

[@raj_bhanushali]

thank you guruji😍😍😍🥰🥰🥰🥰🥰❤❤❤❤❤❤💞💞💞💞💞

[@StudyAtHome]

You're Welcome!😊🙌

[@ShivaniSharma-tg8mp]

Thanku sir 😊😊

[@ameetopiwala7255]

CEA Exemption - 2180 Taxable - 1100

[@nripendraku]

Exemption will be grant for chhotu and Motu=1100+1080=2180 will be exempt rest is taxable

[@akashhazarika1922]

19:15 cea=2300,hea=6790

[@varunsingh8820]

14:22 😂 Poplular game here!

[@jharagini3862]

19:20 CEA me 2300 or HEA me 6790 exempt hoga

[@poojasehrawat55]

hu lala hu lala was epic🤣

[@StudyAtHome]

😂🙌

[@kaushik..123]

exempt 2180 , taxable 1100

[@user-bl9on6ud2q]

Super se bhi upar 🎉🎉🎉❤❤

[@StudyAtHome]

Thank you so much!🙌

[@rohitbhakat4787]

Exception rs 2,180

[@sidhesh15]

Sir ismay new scheme nhi h ??wo ek he bar may sec 115BAC alag se krwaenge app ?

[@StudyAtHome]

Sec. 115BAC is already done! We shall not repeat. kzbin.info/www/bejne/hZakoZqImbiaiNEsi=UGNcXUCTSEpGN8tK

[@Tomandjerryfriends]

cea exemption would be 2300 hea ecemption would be 6790

[@priyanshuguptakartavyabatc2334]

Sir I try total CHILDREN EDUCATION ALLOWANCE IS 3280 EXEMPT CHOTU 100×12= 1,200 MOTU 90×12 = 1,080 KHOTU 100×12 = 1,200 Exempt amount is 1,200+1,080 = 2,280 Taxable CEA IS = 3,280-2,280= 1000❤

[@StudyAtHome]

Good😊

[@priyanshuguptakartavyabatc2334]

@@StudyAtHome thank you sir 🥰

[@gautam11110]

Right hai sir

[@santoshmodi1863]

Excempt :- 2180 15:26

[@Atuls0817]

Transport allowance normal bnde k liye bhi to exemption hna sir.. Apne Exempt kyu ni kiya??

[@abhedkant]

Yes I was correct 💯

[@rohitbhakat4787]

Funny part - sarkar to sabse jayada dimag kharab kerti hai 🤣🤣🤣🤣

[@aditisrivastava8533]

20:00 CEA-2300& HEA-6790

[@user-uz9xt8gc4h]

Assessment year 2024-25 में क्या new tax regime में disabled govt employee के लिए transport allowance की exemption का कोई प्रावधान है यदि है तो कितना और किस section के तहत ये exemption प्राप्त कर सकते है

[@StudyAtHome]

Yes hai, same as old regime

[@HoneyMJain]

Happpieeee birthday sir 🎉

[@aiswaryajena6]

CEA Exemtion 2300 HEA exemption 6790

[@AmanKumar-ge2ms]

children edu allowance is 1100

[@varshapriyankaravivenkates7296]

Can someone explain about CEA in 27:49 and normal ppl get 1600 p.m exemption in transport allowance? Am i right or not? Pls clarify

[@StudyAtHome]

It is a very old law and it has been removed few years back

[@varshapriyankaravivenkates7296]

@@StudyAtHome thanks for the clarification sir

[@krishnadasar9024]

Taxable amount of CEA=1510 and taxable amount of HEA=3990

[@financenmore7861]

Section 10(14)(i) exemption available under new regime?

[@StudyAtHome]

No

[@pranavsingh5572]

CEA TAXABLE 1310 HEA 3800 TAXABLE

[@mdjahangiralam1009]

19:23 CEA me 2300 exemption hai and HEA me 6790 exemption hai

[@SoumyarshiDas]

What is Difficult area allowance in Assam

[@StudyAtHome]

Ignore

[@gireeshkumarsahu1233]

Ans1180

[@fizaansari3918]

2300 and 6790 exemption

[@mdjahangiralam1009]

Total exemption 2200

[@akashhazarika1922]

15:31 Exemption (cea)=2180

[@VishalShrimal-xe6hd]

3280-2200=1080

[@nishithadhikari5915]

2400