Schooling Allowance For Earnings Tax

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Your official tour each day allowance shall be taxed if you do not have bills 10 Might, 2018, 10.09AM IST. To assert the per diem allowance as exempt from tax, employees must preserve payments and vouchers of expenditure incurred by them whereas on official journey and submit the details of the same with the employer.

i. Deduction shall be allowed if firm enters into an settlement with the prescribed authority for co-operation in such research and improvement and fulfils circumstances with regard to upkeep of accounts and audit thereof and furnishing of stories in such method as may be prescribed.

I am a central Govt. worker, working in Earnings Tax Division. My daughter is studying at school VIII in Modern Excessive College for Ladies, Kolkata. I’ve to pay faculty charges to the varsity by way of ECS i.e. digital transfer from bank. The varsity doesn’t problem physical receipt in opposition to the stated charges fee. School points e-receipt which now we have to generate from the web site of the varsity. For claiming reimbursement of Youngsters Schooling Allowance I have no choice but to submit the stated e-receipt treating it as original receipt. However, here workplace of the ZAO, Kolkata raises objection in this respect and doesn’t treat the e-receipt as original receipt. I am enclosing a copy of the mentioned e-receipt on your ready reference.

Discover out the tax advantages on youngsters training allowance, tuition charges & college charges. Know in regards to the tuition and fees deduction underneath section 80c. Revenue expenditure on scientific analysis pertaining to enterprise of assessee is allowed as deduction (Subject to sure conditions).