Web4 Mar 2024 · Reimbursement for telephone/mobile and internet is also exempt under Rule 3(7) (ix) of Income Tax Act. Reimbursement for books and periodicals can be claimed as exemption under Section 10(14). Web3 Mar 2024 · Under Section 10 (14) of the Income Tax Act, 1961, some of the special allowances that are part of an individual’s salary are exempted from tax. Let’s see how the section defines special allowance. A special allowance or benefit is a part of an employee’s salary that is given to an employee towards certain expenses that are incurred ...
Section 10 of Income Tax Act - Tax Deductions to Salaried …
WebAttachment. Size. act-58-1962s.pdf. 26.22 MB. 58 of 1962. The Income Tax Act 58 of 1962 intends: to consolidate the law relating to the taxation of incomes and donations. WebShort Title: Income Tax Act Titolu: Income Tax Act. Link tal-ELI: eli/cap/123. Point in Time: 08/02/2024. Keywords ... eli/act/1963/14. Emendat minn. eli/act/1964/5. Emendat minn. … hoover duo steamvac manual
CBDT notifies ‘Central Board of Secondary Education’ Under section 10 …
Web10(38) of the Income-tax Act 6 June 2024 Background Section 10(38) of the Income-tax Act, 1961 (the Act), prior to its amendment by the Finance Act, 2024, provided that the income … WebIt may qualify for the local interest exemption under section 10(1)(i). 8. As defined in section 1(1). 9. A “resident” as defined in section1(1) is subject to tax on worldwide income in terms of the definition of “gross income” in section1(1). Persons other than residents (non residents) are - subject to tax only on income from a South ... WebSection 10 (14) (ii) Under Section(14)(ii) of the Income Tax Act 1961, those allowances are included, which are extended to meet expenses incurred during the duties’ performance at the usual place of work. Nevertheless, there are no restrictions on how an employer can extend to the employee under such allowance. hoover dxc c48b3/1-80