63. Allowances - Fully Exempt or Fully Taxable | Income under the head Salary

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  • Опубліковано 23 жов 2023
  • Allowances - Fully Exempt or Fully Taxable | Income under the head Salary
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    Your Query -
    allowances which are fully taxable
    section 10(14)(ii) of income tax act
    allowances which are fully exempt
    fully exempted allowances
    salary allowances
    allowances in income tax
    which are exempted allowances?
    allowances par kaise income tax lagta hai?
    how to save tax on allowances income?
    tax planning on allowances income
    explain taxable allowances
    explain exempt allowances
    how to save tax
    income tax planning
    how to tax allowances
    allowance in income tax
    allowances in salary
    special allowance in salary
    conveyance allowance
    fully taxable allowances
    tax free allowances and taxable allowance under the head salary
    what is allowance in income tax
    which allowances are taxable
    fully exempt allowances
    exempt allowances
    fully exempt allowance
    fully exempted vs fully taxable allowances
    fully exempt allowance in salary
    fully taxable allowances in salary
    exempted allowance
    list of exempted allowances
    tax free allowance
    exempted allowances
    what are fully taxable allowances
    is transport allowance taxable
    special allowance tax exemption
    partly taxable allowances
    itr exempt allowances
    partly taxable allowance
    computation of taxable allowances
    which allowances are partly taxable
    what are fully exempted allowances
    exempt allowance
    which allowances are fully exempt
    taxable vs exempted allowances
    transport allowance
    tax free salary allowances
    income under the head salary
    special allowance
    exempt salary allowance
    fully tax free allowance
    travelling allowance
    dearness allowance
    city compensatory allowance
    medical allowance
    tiffin allowance
    lunch allowance
    dinner allowance
    overtime allowance
    servant allowance
    warden allowance
    proctor allowance
    warden or proctor allowance
    non practicing allowance
    family allowances
    special allowances
    gift allowances
    deputations allowance
    family allowance
    project allowance
    marriage allowance
    education allowance
    holiday allowance
    allowances to government employess outside india
    allowance to high court judges and supreme court judges
    salary and allowances paid by uno to its employess
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    #carajkagrawal #allowance #conveyanceallowance #taxfreeincome #exemptions #taxationinindia #savetaxes #allowances #incometaxact1961 #uno #taxableincome
    #exemption

КОМЕНТАРІ • 108

  • @StudyAtHome
    @StudyAtHome  8 місяців тому

    ✅Join Study At Home WhatsApp Channel - whatsapp.com/channel/0029VaAOYpQ7j6g3r4W4Rr0H
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  • @Deepakkhatri001
    @Deepakkhatri001 8 місяців тому +7

    😂 i was watching agricultural income chap for bcom the way you are teaching is very understandable how i think i can give ca exam also😂

    • @Deepakkhatri001
      @Deepakkhatri001 8 місяців тому +2

      Correction how - now

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      Thank you! Glad to know that🙌

    • @Iamfine861
      @Iamfine861 3 місяці тому +4

      Don't expect that you can easily swim in the sea with swimming pool experience 😊

    • @MaxAgarwal007
      @MaxAgarwal007 2 місяці тому +1

      Haa haa de ke dekho ek baar ca exam khatri ki chatri nhi bnn gyi toh maan jaunga😂😂😂

  • @idksahil7278
    @idksahil7278 14 днів тому

    one of the best direct tax teacher

  • @annapurnapaul7742
    @annapurnapaul7742 10 днів тому +1

    Sir Tks for sharing about allowances.

  • @abhedkant
    @abhedkant 8 місяців тому

    Thank you so much that you already alert us, how this course is going to be.

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      You're welcome! I'm delighted that you found it helpful!

  • @pragatisingh2579
    @pragatisingh2579 8 місяців тому

    Best lecture by best professor... thanku sir for guiding and teaching us.

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      It's my pleasure! Glad you like these lectures!

  • @itsme-sneha
    @itsme-sneha Місяць тому +1

    Thank you sir 😊 really enjoying it
    Thank you for giving your precious time ❤️ hope you achieve everything in life 🎉

    • @StudyAtHome
      @StudyAtHome  Місяць тому

      Thanks for your warm wishes and kind words!

  • @user-em3xy3dr6c
    @user-em3xy3dr6c 3 місяці тому

    Thank you sir 😊

  • @GANESHKUMAR-vy4tx
    @GANESHKUMAR-vy4tx 3 місяці тому +1

    Sir if could have been in your city then definitely for sure i would have been in your class through out the day ❤such an inspiration mind blowing clarity sir❤

    • @StudyAtHome
      @StudyAtHome  3 місяці тому

      Your words truly touch me! I'm honored to be able to inspire and provide clarity even from a distance!😊

  • @gautamthakur9164
    @gautamthakur9164 8 місяців тому

    Thank you sir for these lectures

  • @niranjanas4383
    @niranjanas4383 2 місяці тому

    Thank you sir

  • @debashisganguly6680
    @debashisganguly6680 4 місяці тому

    Thank you sir ❤for the lecture and knowledge.
    Supreme court judge is one of the best example till now for exemption with logically ❤.
    Thank you sir

    • @StudyAtHome
      @StudyAtHome  4 місяці тому

      You're most welcome! Glad you liked it! 🙌

  • @ankitjha2
    @ankitjha2 8 місяців тому +2

    Thank you sir ❤️
    Class was very funny today 😂 enjoyed a lot 🫠❤️

    • @StudyAtHome
      @StudyAtHome  8 місяців тому +1

      Always welcome! Glad you liked it😊

  • @TanuMishra-zj8pr
    @TanuMishra-zj8pr 8 місяців тому

    thank you sir for these lecture

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      You're welcome! Keep Watching!

  • @RamCharan-lh3gx
    @RamCharan-lh3gx 4 місяці тому

    Way of study is wonderful.

  • @ameetopiwala7255
    @ameetopiwala7255 6 місяців тому

    Thank you so much sir for the wonderful lecture 😊

    • @StudyAtHome
      @StudyAtHome  6 місяців тому +1

      You're welcome! 😊🙌

  • @AshutoshKumar-eu8ji
    @AshutoshKumar-eu8ji 8 місяців тому

    Thanks for updating video sir

  • @KitabeeOrg
    @KitabeeOrg 8 місяців тому

    Fun class!

  • @user-lu7iu8nn5h
    @user-lu7iu8nn5h 8 місяців тому +1

    Thankssss sir🙏🏻💞

  • @ShrutiMudaliyar
    @ShrutiMudaliyar 7 місяців тому +1

    Sir your way of teaching are super good with depth in concept clarity and I understood each and every concept till now. Never ever I realised taxation will be this much easy. Pls do teach us as per sec 115BAC also as some allowances are fully taxable there and show us the differences as per default scheme and old scheme

    • @StudyAtHome
      @StudyAtHome  7 місяців тому

      Whatever allowance are fully taxable when you opt for 115BAC is covered in this video. Watch This - ua-cam.com/video/OeApgRdSgRo/v-deo.htmlfeature=shared

  • @anirudhkashyap18
    @anirudhkashyap18 3 місяці тому

    Loved the example of supreme court judge and gained knowledge about it ❤

  • @VarunKapoor_13
    @VarunKapoor_13 2 місяці тому

    your lectures are amazing!!!sir taxation me exemption lane ke liye kya theory yaad karni hogi ya only practical prolems practice enough hai?

  • @dilipnorton6465
    @dilipnorton6465 5 місяців тому

    Thank you sir i have understood all allowances very well❤❤

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      You're most welcome! 😊

  • @GANESHKUMAR-vy4tx
    @GANESHKUMAR-vy4tx 3 місяці тому

    Sir you are the best teacher in the world❤

    • @StudyAtHome
      @StudyAtHome  3 місяці тому

      Your support means a lot to me! Thank you so much! 😊

  • @Aditi_diary
    @Aditi_diary 7 місяців тому

    Thank you so much sir 😊

    • @StudyAtHome
      @StudyAtHome  7 місяців тому

      You're most welcome! 🙌

  • @rohiit_i7
    @rohiit_i7 4 місяці тому

    Sirji 🙏
    Wonderful 😊

  • @partha146
    @partha146 27 днів тому

    Tq soo much sir..

  • @AshutoshKumar-eu8ji
    @AshutoshKumar-eu8ji 8 місяців тому +1

    Ap grater than other C.A ho Sir

  • @zeeshankhan90122
    @zeeshankhan90122 3 місяці тому

    THANK YOU SO MUCH SIR

  • @mdjahangiralam1009
    @mdjahangiralam1009 8 місяців тому

    Sir you are amazing

  • @abhedkant
    @abhedkant 8 місяців тому

    I don't how but for once I confused about Salary of Indian gov. Employees working outside India is taxable or not but, suddenly I remembered why I confused - you thought us once about these employees in Indian income and foreign income chapter, their income is deemed to be indian income. But my mind linked it with exemption that their salary is exempt. But no only their allowances is fully exempt. You well said once -this course is like to prepare a Jalebi😅

  • @Yugadlakha
    @Yugadlakha 2 місяці тому

    Sir education allowance for own study is fully taxable or exempt upto actual expenditure

  • @jaydevpathak8333
    @jaydevpathak8333 11 днів тому

    capf force me jo ration money allawonce milta hai oh tax exmpt hai agar hai to kon sa sec me hai

  • @MaxAgarwal007
    @MaxAgarwal007 2 місяці тому +1

    Sir apne yeh mention nhi kiya kisi bhi allowance wale video me ki konse tax regime me milega exemption, exam pov se bhut main h na???

  • @Taxconsultantancy_.
    @Taxconsultantancy_. 2 місяці тому

    Sir please confirm non practical allowance only applicable for there selected company client from company if we can selected client from out so is it mandatory to take panelty please confirm

  • @Amanhinustani
    @Amanhinustani 10 днів тому

    Luggage claim or transfer grant mai lagega tax

  • @Nikhil_the_great8479
    @Nikhil_the_great8479 Місяць тому

    Please reply sir.. i m confused regarding this..
    Sir illustration 13 m
    Jo salary mili h iAS ko.. wo taxable kyu hogi... Wo to exempt h ( apne kaha tha.. any salary paid to govt employees serving outside india are exempt from taxation)

  • @mananbhandari2711
    @mananbhandari2711 6 місяців тому

    Nice explanation specially Suprime court judges ✨😅💗

    • @StudyAtHome
      @StudyAtHome  6 місяців тому

      Thank you so much! 😊🙌

  • @lalitpv4821
    @lalitpv4821 6 днів тому

    Sir good morning
    Sir your way of teaching is superb🙏
    Sir I have a query,
    Sir please tell about the following allowances w.r.t the tax exemption:
    1. Newspaper/Professional literature Reimbursement
    2. Washing Allowance
    3. Reimbursement of Expenditure on vehicle repair and maintenance
    4. House Upkeep Allowance
    5. Self Development Allowance
    6. Canteen Allowance/Meal Voucher
    7. Electricity Reimbursement
    8. Professional Updation allowance
    9. Entertainment allowance
    10. Conveyance/Transport allowance
    Sir kya inme tax exemption le sakte he kya and if yes than in which section of Income tax. Please Guide sir

  • @SahilKumar.05
    @SahilKumar.05 8 місяців тому

    Supreme court judge are paid income tax or not

  • @vinaybehl8272
    @vinaybehl8272 8 місяців тому

    ❤❤❤❤❤

  • @swapnilchondhe8804
    @swapnilchondhe8804 Місяць тому

    Sir your way of giving information is really awesome ❤❤ I want to ask one query sir if I receive Leave encashment during service can I claim relief of the amount received as leave encashment under section 89(1) and if yes then under which head? Please reply sir as I am confused🙏🙏

  • @vineeth8612
    @vineeth8612 5 місяців тому

    Sir, mobile/internet reimbursement and fuel, transport reimbursement paid by the company, is it fully taxable?

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      Mobile and Internet reimbursement is exempt. Reimbursement of conveyance and travel expense is also exempt.

  • @payalmalviya8489
    @payalmalviya8489 5 місяців тому +1

    15:45 sir fr to vo shopping k nam p kitne bhi kapde ,gold , silver le lega???
    Next ques h ki sir sare supreme court k judges ko milti h y facilities ya fr only chief justice of India ko?

    • @StudyAtHome
      @StudyAtHome  5 місяців тому +1

      There is a cap on the valuable item like the one you mentioned

  • @CS-BANTI.
    @CS-BANTI. 6 місяців тому +1

    Sir supreme court ka judges working period main government ki money se gold purchase kar sakte hai kya!

  • @vivekdubey3526
    @vivekdubey3526 8 місяців тому

    sir if allowance is given regarding to Schedule III (negative list) then it's taxable or not
    for example: At the home of employee if someone is died and employer is giving allowance it's taxable or not 🙄

    • @StudyAtHome
      @StudyAtHome  8 місяців тому +1

      The taxability of an allowance depends on the specific circumstances and whether it is a personal expense or exempt from tax. An allowance paid for funeral or related expenses is likely taxable, while an allowance paid as a compassionate gesture might be exempt.

  • @mishtimittal5873
    @mishtimittal5873 4 місяці тому

    Sir if an employee does not solicit the clients of a company but start practicing by making his own clients apart from company's then in such case can it be allowed under non-practicing allowance???

    • @jogendrabeniwal7703
      @jogendrabeniwal7703 Місяць тому

      It is non practice allowance, it doesn't matter where you get your clients from, if you're attending ur clients, you're violating it.

  • @vaidehisharma6300
    @vaidehisharma6300 5 місяців тому

    What about compensatory allowance

  • @mishraji4287
    @mishraji4287 5 місяців тому

    sir illustration 12 me tiffin allowance nil kyo hai
    but tiffin allawance to fully taxable hota hai na
    sir please tell me because i am not understanding there

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      It's 5,000 not nil in illustration 12.

  • @ravisontake4859
    @ravisontake4859 5 місяців тому

    Handicap allowance taxable or not

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      Kindly clarify your question.

  • @ankurmahla1643
    @ankurmahla1643 26 днів тому

    Sir road accident ka paisa aaya h account m vo kha show Krna h

  • @Meatmoon
    @Meatmoon 6 місяців тому

    Sir mai apne employee ko
    "Ram mandir visit allowance" dunga
    Ya fir " BABA CA Raj visit allowance" bhi de sakta hu...😂😂😂😂😂😂

  • @user-ph9fx6vq2s
    @user-ph9fx6vq2s 5 місяців тому

    Sir, why don't you add subtitles. It would also give benefit to students not Knowing hindhi,🙃🙂

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      We are working on it.

    • @user-ph9fx6vq2s
      @user-ph9fx6vq2s 5 місяців тому

      @@StudyAtHome yes sir, please update it soon sir🥹🙏🙏.... It will be a great help for every student who doesn't know hindhi completely

    • @user-ph9fx6vq2s
      @user-ph9fx6vq2s 5 місяців тому

      @@StudyAtHome sir, please do it also for GST sir 🙏🙏🙏

    • @user-ph9fx6vq2s
      @user-ph9fx6vq2s 5 місяців тому

      @@StudyAtHome sir by what time will you add subtitles for all the videos ?

    • @user-ph9fx6vq2s
      @user-ph9fx6vq2s 5 місяців тому

      @@StudyAtHome sir by what time will you add subtitles for all the videos ?

  • @shrikrushnapalke9191
    @shrikrushnapalke9191 8 місяців тому

    ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  • @itsyour_ig
    @itsyour_ig 3 місяці тому

    Credit card used by employee for official purpose and charges paid by employer ki taxability Kya hogi?

  • @akanksha2053
    @akanksha2053 3 місяці тому

    Thanks a lot sir

  • @pranavsingh5572
    @pranavsingh5572 6 місяців тому

    THANK YOU SO MUCH SIR

  • @SrishtiGoel14
    @SrishtiGoel14 4 місяці тому +1

    Thank you very much sir 😊