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cherry

Transport allowance u/s 10(14)(ii)...
Form 16 given by my employer has special allowance. Can i deduct transport allowance while filing my return if not separately mentioned in Form 16
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Amlan Dutta
No , you cannot ...however if special allowance means transport( get it confirmed from employer , then you can ....one cannot mix up allowances much like how one cannot mix up income heads or anything for that matter
  • August 28, 2018
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Rahul verma

Transport allowance u/s 10(14)(ii)...
Sir in form 16 my employer has not shown transport allowance exemption under u/s 10 still Can i claim transport allowance exemption in Itr .
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Amlan Dutta
If transport allowance was part of your salary and the exemption has not been considered by the employer, then you can claim eligible exemption at the time of filing return ...however , if transport allowance itself was not given to you, then there is no question of being eligible for exemption und...
  • July 24, 2018
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PIYUSH

TAXABILITY OF SALARY ALLOWANCES...
Hi Amlan,
I got following exemption from my FORM 16, i hope i have declared correctly . please advise. meanwhile we get 2200 meals coupons every month ( 26400 yearly ) . however there is no mention of this amount in form 16 or in our tax sheet . here is snap from pay roll. thanks
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Amlan Dutta
Yes, this is correct ...well done ...hardly anything for me to answer here .... the first is transport allowances exempt under 10(14(ii) i.e 1600 per month translating to 19200 Rs and the second is actually tax free medical reimbursement until 15000 Rs under section 17(2) ....i am not sure of what h...
  • July 22, 2018
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PIYUSH
ty for quick reply. you are savior. in my next visit to Mumbai , i would surely hope/wish to meet you
  • July 22, 2018
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kevin

TAXABILITY OF SALARY ALLOWANCES...
I got extent exempt under section 10 for
(a) UNIFORM ALLOWANCE
(b) PETROL & VEHICALE ALLOWANCE
(c) MEAL VOUCHER ALLOWANCE
(d) MEDICAL ALLOWANCE

I want to know in ITR1 i need to show it or not and if yes, which section i have to select for same?
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Amlan Dutta
First two under 10(14)(i) and next two under 17(2) ...all; 4 has to be filled in separate rows

Check answer options - video for this answer to check relevant video for your query...Check the recommended videos for specific solutions
  • July 20, 2018
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Aruna

HRA Allowance U/s 10 (13A)...
Hi Amlan,
Thanks for the super helpful videos! Wanted some clarifications.

a. Based on what's you've mentioned already, if I've given my rent receipts to my employer, and I have HRA allowance in Form 16, then I cannot and should not fill 80GG. Correct?

b. While declaring exempt income (under Taxes ...
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Amlan Dutta
Point-wise answer below,
a. Based on what's you've mentioned already, if I've given my rent receipts to my employer, and I have HRA allowance in...
Point-wise answer below,    <br />                                                                                                                                                         a. Based on what's you've mentioned already, if I've given my rent receipts to my employer, and I have HRA allowance in Form 16, then I cannot and should not fill 80GG. Correct? <br /><br />Answer - Correct. Section 80GG is for those who do not get HRA benefit and want to seek relief for rent paid<br /><br />b. While declaring exempt income (under Taxes Paid & Verified section), if I've filled Section 10(14)i with the exempt income as mentioned in Form 16. <br />- If I'm getting HRA+Travel allowance + Medical reimbursement, the exempt income would automatically contain the total of all of this, correct? So I should only put the total exempt as mentioned in Form 16, and not do a break up of HRA exempt, Medical reimbursement claimed etc. because it would be doubling it? <br /><br /><br />Answer - Check attached picture ...Say Exempt HRA = 10 Rs , medical reimbursement = 10 rs <br />You will show exempt HRA using 10(13A) and medical reimbursement using any other and description as tax free medical reimbursement under section 17(2) ...you won't club and show 20 Rs . There is no question of doubling when we mention separately .  Rather it gives more clarity ( maybe i am missing what you meant )<br /><br /><br />c. Under Tax Details, when having a single employer, 'Income chargeable under salaries' would be the same as what turns up in Section B1(iv) Income chargeable under the 'head' salaries (i+ii+iii+iv), correct? <br />- Even if my employer has missed out filing for March and I only have 11 months worth showing up in my 26AS (that means auto-fill value is wrong), I fill what is there in Form 16, under Gross total income (which is the same as B1(iv)). <br /><br />Answer - Yes, your concept is right regarding chargeable income, but the field ( Chargeable income from salary) is B1(vi) in the return and point 6 of form 16 <br />In TDS schedule, also you are required to fill the same chargeable income and not the gross salary which prefills the ITR <br />(i have attached a picture to make clear)<br /><br /><br />d. B3 Income from other sources, I've filled out the interest I receive from my fixed deposits. and under 80TTA, I've filled out the total income from interest on savings. <br />- Under Tax Details TDS2 for the bank, for amount which is subject to tax deduction, I would then remove the prefill and put the calculated FD interest+non exempt savings interest, correct?<br /><br />Answer - Your income treatment is correct <br />You will fill it for figures reflecting in 26 as ...whatever interest has been deducted on FD interest and savings interest shall be well reflected in 26 as ...you are required to fill it accordingly ..Point-wise answer below,    <br />                                                                                                                                                         a. Based on what's you've mentioned already, if I've given my rent receipts to my employer, and I have HRA allowance in Form 16, then I cannot and should not fill 80GG. Correct? <br /><br />Answer - Correct. Section 80GG is for those who do not get HRA benefit and want to seek relief for rent paid<br /><br />b. While declaring exempt income (under Taxes Paid & Verified section), if I've filled Section 10(14)i with the exempt income as mentioned in Form 16. <br />- If I'm getting HRA+Travel allowance + Medical reimbursement, the exempt income would automatically contain the total of all of this, correct? So I should only put the total exempt as mentioned in Form 16, and not do a break up of HRA exempt, Medical reimbursement claimed etc. because it would be doubling it? <br /><br /><br />Answer - Check attached picture ...Say Exempt HRA = 10 Rs , medical reimbursement = 10 rs <br />You will show exempt HRA using 10(13A) and medical reimbursement using any other and description as tax free medical reimbursement under section 17(2) ...you won't club and show 20 Rs . There is no question of doubling when we mention separately .  Rather it gives more clarity ( maybe i am missing what you meant )<br /><br /><br />c. Under Tax Details, when having a single employer, 'Income chargeable under salaries' would be the same as what turns up in Section B1(iv) Income chargeable under the 'head' salaries (i+ii+iii+iv), correct? <br />- Even if my employer has missed out filing for March and I only have 11 months worth showing up in my 26AS (that means auto-fill value is wrong), I fill what is there in Form 16, under Gross total income (which is the same as B1(iv)). <br /><br />Answer - Yes, your concept is right regarding chargeable income, but the field ( Chargeable income from salary) is B1(vi) in the return and point 6 of form 16 <br />In TDS schedule, also you are required to fill the same chargeable income and not the gross salary which prefills the ITR <br />(i have attached a picture to make clear)<br /><br /><br />d. B3 Income from other sources, I've filled out the interest I receive from my fixed deposits. and under 80TTA, I've filled out the total income from interest on savings. <br />- Under Tax Details TDS2 for the bank, for amount which is subject to tax deduction, I would then remove the prefill and put the calculated FD interest+non exempt savings interest, correct?<br /><br />Answer - Your income treatment is correct <br />You will fill it for figures reflecting in 26 as ...whatever interest has been deducted on FD interest and savings interest shall be well reflected in 26 as ...you are required to fill it accordingly ..Point-wise answer below,    <br />                                                                                                                                                         a. Based on what's you've mentioned already, if I've given my rent receipts to my employer, and I have HRA allowance in Form 16, then I cannot and should not fill 80GG. Correct? <br /><br />Answer - Correct. Section 80GG is for those who do not get HRA benefit and want to seek relief for rent paid<br /><br />b. While declaring exempt income (under Taxes Paid & Verified section), if I've filled Section 10(14)i with the exempt income as mentioned in Form 16. <br />- If I'm getting HRA+Travel allowance + Medical reimbursement, the exempt income would automatically contain the total of all of this, correct? So I should only put the total exempt as mentioned in Form 16, and not do a break up of HRA exempt, Medical reimbursement claimed etc. because it would be doubling it? <br /><br /><br />Answer - Check attached picture ...Say Exempt HRA = 10 Rs , medical reimbursement = 10 rs <br />You will show exempt HRA using 10(13A) and medical reimbursement using any other and description as tax free medical reimbursement under section 17(2) ...you won't club and show 20 Rs . There is no question of doubling when we mention separately .  Rather it gives more clarity ( maybe i am missing what you meant )<br /><br /><br />c. Under Tax Details, when having a single employer, 'Income chargeable under salaries' would be the same as what turns up in Section B1(iv) Income chargeable under the 'head' salaries (i+ii+iii+iv), correct? <br />- Even if my employer has missed out filing for March and I only have 11 months worth showing up in my 26AS (that means auto-fill value is wrong), I fill what is there in Form 16, under Gross total income (which is the same as B1(iv)). <br /><br />Answer - Yes, your concept is right regarding chargeable income, but the field ( Chargeable income from salary) is B1(vi) in the return and point 6 of form 16 <br />In TDS schedule, also you are required to fill the same chargeable income and not the gross salary which prefills the ITR <br />(i have attached a picture to make clear)<br /><br /><br />d. B3 Income from other sources, I've filled out the interest I receive from my fixed deposits. and under 80TTA, I've filled out the total income from interest on savings. <br />- Under Tax Details TDS2 for the bank, for amount which is subject to tax deduction, I would then remove the prefill and put the calculated FD interest+non exempt savings interest, correct?<br /><br />Answer - Your income treatment is correct <br />You will fill it for figures reflecting in 26 as ...whatever interest has been deducted on FD interest and savings interest shall be well reflected in 26 as ...you are required to fill it accordingly ..
  • July 20, 2018
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Srinivas Thotakuri

HRA Allowance U/s 10 (13A)...
Sir, how to show HRA.whether it is to be deducted from salary head in ITR1. What about IR and special pay
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Amlan Dutta
If HRA is taxable , it is already included in your gross ...no need to show it separately ...if it is exempt and considered by your employer , then shall reflect under section 10 exempt allowances in Form 16 ...in this case , you will show it separately in exempt income reporting section under 1...
  • July 17, 2018
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PATEL BHAVESHKUMAR SUDHIR

TAXABILITY OF SALARY ALLOWANCES...
HI AMLAN,

में एक गवर्नमेंट (शिक्षक) एम्पाय हू . ये मेरी सेलेरी स्लिप है. आई.टी.आर.१ में इसमे से कोनसे एलाउंस कहा बताऊ .हेल्प....
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Amlan Dutta
(Next time be very careful to select question category to avoid question entry getting deleted )

Take your form 16 and do the required ....if you are expecting that i study your salary slip and explain to you the taxability of allowances, i am sorry i don't do spoon feeding ...however, there is a muc...
  • July 15, 2018
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PATEL BHAVESHKUMAR SUDHIR
Add my form no 16.
  • July 15, 2018
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Anurag Kumar

TAXABILITY OF SALARY ALLOWANCES...
In my form16 under exempt u/s 10amount is mentioned but it does mentioned exempted for what?how to show the same amount under exempt income for reporting purpose?
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   likes this.
AYUSH
Edit and select correct category of question
  • July 14, 2018
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Amlan Dutta
Take up with your employer or check your individual salary slips to check the allowances that you get and accordingly decide ...best is to have your employer certify which allowances have been considered exempt by them while computing chargeable salary income and deducting TDS ...next time , select ...
  • July 14, 2018
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Chandana Kalyan

TAXABILITY OF SALARY ALLOWANCES...
My husband's Form 16 has the following allowances as Exempt under Section 10:

(a) Conveyance allowance Rs. 19,600.00
(b) Medical allowance Rs. 15,000.00
(c) LTA Rs. 75,000.00
(d) Fuel reimbursement Rs. 42,000.00
(e) Mobile and internet Rs. 18,000.00
(f) Books and periodic...
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Amlan Dutta
Answers to specific queries raised are noted below,

1. Is Fuel Reimbursement an exempt income?

Never heard of it being exempt ..am not sure

2. While filing ITR1 where can I show Fuel Reimbursement, Food Coupons? Can we show this under "Other Exempt Income"? Food coupons beyond Rs.50 per day is taxab...
  • July 13, 2018
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Abdul Quadir

TAXABILITY OF SALARY ALLOWANCES...
Dear Sir
As per my understanding and image attached , I think following is correct breakup of subsection for Exemption:
Section 10 (14)(ii)- Con/Trans Allowance-19200
section 10(14)(i)- Washing-12000 ,Prof. Literature Reim-4800 ,Driver Allowance-10800
Total-27600 under 10 14(i)

You are requested to....
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Amlan Dutta
Yes , 10(14)(ii) covers transport allowance and 10(14)(i) covers washing allowance but have not heard of the remaining salary allowances privy to your case and won't be able to comment...but in case you have to select between the two and rest, select 10(14)(i)
  • July 12, 2018
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BISWAJIT BARMAN

TAXABILITY OF SALARY ALLOWANCES...
Sir, we draw 10% interim relief on basic in West Bengal. Where to show this interim relief in ITR1?
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Amlan Dutta
It is totally taxable and can be shown under non exempt allowances...however one does not simply show interim relief ...once you subtract from gross pay basic pay and the exempt allowances , the total non exempt allowances are arrived at - which in your case shall contain the interim relief as well
  • July 12, 2018
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Pravesh kumar kardam

TAXABILITY OF SALARY ALLOWANCES...
सर् दिवाली पर मिलने वाला बोनस, 7वे वेतन आयोग का इस वर्ष मिलने वाला एरियर किस कालम में भरें।
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AYUSH
Hello parvesh regarding your query of Diwali bonus you have received in c/y and receiving of arrears, treatment as follows Diwali bonus will be shown as value of perquisites in taxable head salary and for arrears you have to file form 10e for claiming relief u/s 89 of income tax act
  • July 11, 2018
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Amlan Dutta
Am assuming that you are speaking with reference to AY 2018 19 and that your form 16 contains the arrears and bonus figures

I see that your form 16 shows no exempt allowances under section 10 and also no breakup for bonus ...This implies that the gross itself comprises of both bonus and arrears,...
  • July 11, 2018
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