Daveli Venkannababu
13 July 2023 at 01:18
Dear sir /madam
Allowance to meet expenditure incurred ??Any salaried assessee can claim below mentioned allowance
please can one clarify sections its importance . if employer not given salary break -up or salary structure (employer pay consolidated pay to employee then employeee split his /her salary break up while filling income tax returns
1.)Sec 10(14)(i)- Prescribed Allowances or benefits (not in a nature of perquisite)specifically granted to meet expenses wholly, necessarily and exclusively and tothe extent actually incurred, in performance of duties of office or employment
2)Sec 10(14)(ii) -Prescribed Allowances or benefits granted to meet personal expenses in performance of duties of office or employment or to compensate him for increased cost of living.
3)Sec 10(13A)-Allowance to meet expenditure incurred on house rent
If an assesse can claim exemption above mentioned sections
Anonymous
10 July 2023 at 21:22
While paying self assessment tax challan for AY 23-24, I selected advance tax for AY 24-25 by mistake,
I submitted letter to AO for correction of mistake,15 days ago, but corrections have not yet been made
Now if I receive demand notice, how to reply it and close the matter?
Upendra Sharma
08 July 2023 at 22:28
shifted last year to Singapore in Dec 22 for Job .
Pls note when filing IT return in India for the FY 2022-23, I will be paying tax for income earned in India from April -Nov 22
My question is for the income earned after my shifting to Singapore i.e from Dec 22 to March 23 is taxable in India?
Please note from Dec 22-March 23 I will be paying tax in Singapore also.
Appreciate your kind advise
Upendra Sharma
08 July 2023 at 11:44
I shifted last year to Singapore in Dec 22 for
Job
Pls advise when filing IT return in India for the FY 2022-23 I will be paying tax for income earned in India from April -Nov 22
My question is for the income earned after my shifting to Singapore airlines i.e from Dec 22 to Merch 23 is taxable in India?
Please note from Dec 22-March 23 I will be paying tax in Singapore also.
Appreciate your kind advise
Anonymous
03 July 2023 at 14:36
Supplier uploaded March invoice on 14th April 23 in his GSTR1. Invoice reflected in GSTR2A but not in 2B. If we take its ITC in our GSTR3B and file our returns. What is penalty for it and under which section
Anonymous
30 June 2023 at 15:18
QRMP dealer has not filed GSTR3B for March 23 returns. When will department cancel GST suomoto . After 1st July or due date of filing reurns, 22th July. please clarify
Anonymous
26 June 2023 at 17:27
Can an unregistered Trust apply for its First PAN after resignation of some of the members mentioned in the Trust deed?
Jose Kottanani
22 May 2023 at 02:34
Is it mandatory to get certificates of income source from the person who is buying your agricultural land in Kerala
venkat batchu
20 May 2023 at 02:38
Sir, firstly let me thank LCI for providing me authentic information from time to time for the last 2 decades to me Now, i want to know if GOI is going to allow unregistered small business men to enrol on ecommerce websites like AMAZON, ONDC etc.. this information has come in google search that after oct 23 it going to be allowed. may please reply.. as i am planning for my small business in navi mumbai
satyam
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Nature of exempt allowances
Nature of exempt allowances Dear sir /madam Allowance to meet expenditure incurred ??Any salaried assessee can claim below mentioned allowance please can one clarify sections its importance . if employer not given salary break -up or salary structure (employer pay consolidated pay to employee then employeee split his /her salary break up while filling income tax returns 1.)Sec 10(14)(i)- Prescribed Allowances or benefits (not in a nature of perquisite)specifically granted to meet expenses wholly, necessarily and exclusively and tothe extent actually incurred, in performance of duties of office or employment 2)Sec 10(14)(ii) -Prescribed Allowances or benefits granted to meet personal expenses in performance of duties of office or employment or to compensate him for increased cost of living. 3)Sec 10(13A)-Allowance to meet expenditure incurred on house rent If an assesse can claim exemption above mentioned sections