Salary Allowances - Partly Exempt | Partly Exempted Allowances | Partially Taxable Allowances | ITR

Salary Allowances are very very great tool to save Taxes. So in this video, we explained all allowances which are partially exempted or we can say allowances which are partially taxable while calculation taxable salary of an employee.
Partily Exempted Salary Allowances | Partly Exempted Allowances | Partially Taxable Allowances | ITR
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allowances in income tax,
partially taxable allowances
special allowance tax exemption
transport allowance in income tax
conveyance allowance
income partly exempt
is transport allowance taxable
allowances in salary
conveyance allowance exemption in itr
conveyance allowance exemption limit for ay 2024-25
partly taxable allowances
special allowance in salary
conveyance allowance in salary
entertainment allowance exemption in income tax
exempt income from income tax
income from salary
taxable allowances in salary
10 exempted incomes
10(14)(i) of income tax act
10(14)(ii) of income tax act
allowance and perquisites
allowances
allowances exempt from income tax u/s 10
allowances exempt under section 10 (14)(i)
compensatory allowance
conveyance allowance kya hota hai
exempted income under section 10
exemption from tax
exemption under section 10
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Disclaimer: Our videos are for educational purposes only. We will not be responsible in any circumstances. However, we have taken content from reliable sources, books etc Still we are not responsible for any decision which you have taken after watching the content.

[@incometaxwallah]

Subscribe us for taxation updates. Ask your questions here to get accurate answer. Team Income Tax wala

[@jais330]

Sir salary slip m keval special allowance mentioned h.. special allowance m kya ka cover hota h.. how can i make use of exemption

[@Ndm_khn]

Sar meri salary 19000 he, abhi hal hi mein Delhi se 140 km dur Mera transfer kar diya gaya hai Ghar Se itni dur family ki jimmedari ki vajah se rah nhi sakta to kya main daily aane jaane ka travel allowance claim kar sakta hun

[@VivekSharma-sv7qb]

Sir is risk and hard ship allowance is exempted or not in new tax regime...???

[@incometaxwallah]

No

[@yogeshugale]

Night shift allowance is taxable? Ir can claim it in special allowance...

[@incometaxwallah]

yes,

[@amitkumarghosh7631]

Hello Sir, I am an employee of West Bengal State Electricity Distribution Company Limited. I perform as an Assistant Cash Officer. So I get Charge Allowance, Cash Handling Allowance & also Electricity Allowance every month. Does thiese 3 Allowances are exempted from Tax? Please Reply. Thank you.

[@parveensuneja405]

Well explained sir

[@incometaxwallah]

Thanks, keep watching and sharing

[@anuragnayak324]

Can I claim internet/phone bills for tax exemption but this allowance is not in my salary slip? I get it as a form of reimbursement....

[@nitinrajoria6765]

Sir i got transport allowance of Rs 4000 per month. What amout will take in ITR for tax exempt

[@incometaxwallah]

transport allowance exemption has been removed now. Now its available for handicapped person only @ max 3200 pm

[@ReemaKhanam-zz7td]

Sir tell me about shift allowance, is exempt or taxable?

[@incometaxwallah]

Fully taxable

[@vinaypothuganti]

Hello sir,mera ofc ne sabi allowences declaration basis pe deta hi and har allowences ka 7.5% intrest dalke, intrest amount ko perquites me dikata hi, e sahitee hi, clarity dijiye plzz

[@VG-vv9kc]

Sir, Is Risk allowance for doctor taxable or Not in new tax regime?

[@incometaxwallah]

taxable

[@ngnkelath]

Sir, is the entire amount of interest on savings bank account taxable under new tax regime of income tax

[@incometaxwallah]

yes, its fully taxable

[@Mgstarr]

Great video sir!

[@incometaxwallah]

Glad you liked it!

[@chetankokal3489]

what about the Internet Allowance component? In which category it comes and what is its tax benefit rule? Where to show it in ITR?

[@incometaxwallah]

It's fully taxable

[@sahanaa2167]

If the employee has meal allowance and mobile reimbursement in his salary component and if he provides bills for the same. Will the portion of bills he provided will be taxt exempt?

[@incometaxwallah]

meal allowance are fully taxable. any kind of reimbursement is tax free. so mobile reimbursement is tax free. but if mobile reimbursement is part of your ctc then it is also taxable.

[@sahanaa2167]

If we provide Sodexo meal coupons as perquisite will it be tax exempt? Upto 2200 per month?

[@incometaxwallah]

sodexo meal courpons will be exempt upto value of 50 Rs. per meal

[@sonuabjdirjwjwjodjfjskdj]

Sir i receive washing allowance in my salary...so is washing allowance and uniform allowance same?... Can i claim exemption on this allowance ?

[@incometaxwallah]

100% yes

[@motoadvanture]

@@incometaxwallah new tex region m uniform allowance 100 % tex examption hoga ....?

[@sapnakhanna7919]

Sir is transport allowances is exempt under old regime for normal person.

[@incometaxwallah]

yes 1600 rs per month

[@ngnkelath]

Sir is Composit Transfer Grant on retirement of central government employees tax exempted

[@incometaxwallah]

yes

[@ak47_ak47]

Winter allowance and compensatory allowance are taxable or not. Kindly clarify the same. Waiting for your response.

[@incometaxwallah]

Fully taxable

[@ReemaKhanam-zz7td]

Sir special pay taxable or exempt?

[@incometaxwallah]

Fully taxable

[@jaishankerupadhyay7928]

Is Night duty allowance given to Govt employees is exempt or not ?

[@incometaxwallah]

income tax law does not differencial between day shift allowance and night shift allowance - hence NDA is fully taxable

[@jaishankerupadhyay7928]

@@incometaxwallah Thankyou sir

[@sksharma7787]

Hardship allowance exempt or taxable

[@t.rsharma8489]

Sir iam Working in Central government mere tds teen instalment mein kata hai itr fill karte time ek he instalment dikha raha hai but form 16 or 26As mein total theek dika raha hai ise kese theek karen

[@incometaxwallah]

agar 26 AS mai show kar raha h to itr form mai manually update ker dijiye

[@rameshwargupta4935]

​@@incometaxwallah agar form 16 and 26as dono me kewal ek instalment dikha Raha ho tab kya fill karenge

[@shalusharma7263]

Is nursing allowance exempt or taxable ?

[@incometaxwallah]

Taxable

[@MaheshMenapati]

Dear sir Namaste my name is Mahesh working as Technician in Railways under Divyangjan Grounds presently My transport Allowance is Exemption in income tax if Eligible how to claim Handicapped transport Allowance through Employers Kindly inform me sir

[@m7xi7361]

न्यू टैक्स रिजीम में यूनिफार्म अलाउंस ट्रैवलिंग एलाउंस डेली एलाउंस कि छूट मिलती है या नहीं कृपया बताएं 🙏🙏

[@incometaxwallah]

Traveling allowances, daily allowance and helper allowances exemption allowed when these allowances are given at the time transfer of employees from one city to another city

[@CASatyaPrakash]

Sir, In form 16 Conveyance allowance 19200 rupees is mentioned Can i claim deduction under NEW tax regime Do i have to show proof of expenses Do standard deduction will also be allowed?

[@incometaxwallah]

in new tax regime only three allowance get exemptions. which are given to employee for transfer of posting from one city to another city. 1. transport allowance 2. daily allowance 3. helper allowance no any other allowance get exemption under new tax regime

[@kavitagarg7397]

What if we opt for old resime

[@himanshumehta2272]

@incometaxwallah Income tax department has asked "list of documents" to submit. (1)Can we submit any duplicate document? (i.e. LIC Policy). Actual Amount is less, but claimed amount is big (2)HRA was claimed 8000 per month. Yearly 96000 Rs .Income Tax department is asking Aadhar Card & PAN Card of Landlord even though, Yearly rent is less then 1 lakhs rupees. So can we create artifacts for "Rent Receipts"?

[@incometaxwallah]

1. Rent receipt must be genuine 2. no need of submission any documents if rent is below 1 lac

[@ramkrishan5925]

Dear CA wat is LTIC in salary

[@incometaxwallah]

Not LTIC , we guess you are asking about LTC

[@Comindance]

Wrong notification and date quoted in this video...

[@incometaxwallah]

Every thing is perfect in this video. We would request you to ask your particular questions