Expemptions under Income Tax DTC

Hi,

Pls clarify on the status of the expemptions like a) HRA b) Medical Allowance of Rs 15000 c) Professional Development d) Convenyance/Transport Allowance e) Driver salary/Fuel/Car Maintianence

Are all the above mentioned allowance will be exempted after DTC implementation.

Mail me at [email protected]

Regards Manish Garg

asked Aug 03 '11 at 18:57 by Home 1111


This are all employer provided benefits and most likely would be continued even after direct tax code is implemented. As of now, DTC draft does not any mention of these.

We will have to wait till Feb, 2012 when Budget is announced in parliament.

answered Aug 04 '11 at 14:37 by pankaj 5.2k320

link

Know someone who can answer? Share a link to this question via email, twitter , or facebook
.

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×65
×40
×26
×15
×6
×5

Asked: Aug 03 '11 at 18:57

Seen: 1,611 times

Last updated: Aug 04 '11 at 14:37