Is special allowance of it industry taxable??

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Every thing is taxable. Except taxes paid.

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In my company some part is not taxable.
There are some categories like LTA, food, books, gadgets etc. For these there is a hard limit per anum. If I submit bills then up to 4 lakh is not taxable. Above that is taxable.

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Additional Posts in Tax savings

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
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Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

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Anyone from tax can help me on some tax related queries.

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How to save tax for the money from freelance work? As i already have a full time job.

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Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

likefunny

Hello All,

Can anyone please help me here.
I have made my tax payment in July 2022 but yesterday (15 Nov 2022) I receive an email that tax payment is due for assessment year 2022-23

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Does anyone know what steps need to follow as I already made my tax payment.

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If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

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Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

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