ASKWB

Re: Tax exemption Allowanec and Taxable.
Thanks dear friend for your earlier reply. Let me put some more limelight on the subject:-
1)HRA – HRA is exempted u/s 10(13A) of the income tax act. Least of the following is exempted from HRA received.
a) HRA received
b)House rent paid minus 10% of salary (salary means basic plus DP plus DA if term of
employment so provides)
c) 50% of salary (same meaning as above) in case of rented house situated in Bombay, Madras, Delhi or Calcutta
d) 40% of salary, if rented house is situated in any other places
(Please note that, HRA is taxable, if it doesn’t exceed 10% of the salary)
2) City compensatory allowance : Fully taxable.
3) Foreign Allowance : Exempt from tax if paid outside India By the government to the
Indian citizen for rendering services outside India.
4) Fixed medical allowance : Taxable.
5) Project Allowance : Taxable.
6) Sumptuary Allowances to Judges: Not taxable.
7) Servant/helper Allowance : Taxable, if helper used for official purpose then exempted.
8) Transport Allowance: Known also as LODA, means allowance to meet expenses incurred for office to home and home to office is exempted up to 800 per month maximum.
9) Tiffin Allowance: Taxable
10) Allowance to meet the cost of travel on tour or on transfer (including amount paid for packing and transportation of personal effects on such transfer): Exempted to the extent
allowances used for said purpose.
11) Allowance (know as DA in TA bill) paid for purpose explained in the point above, to meet the ordinary daily charges on account of absence from his normal place of duty): Exempted to the extent allowance used for the said purpose
12) Conveyance allowance : To meet the expenditure on conveyance in performance of duties of an official nature: Exempted to extent allowance used for said purpose
13) Uniform allowance : Exempted to the extent used for the said purpose
14) Children Education allowance : Rs 100 per month per child up to maximum of two child is exempted if expenses made in India
15) Children hostel allowance : Rs 150 per month per child up to maximum of two child is exempted if expenses made in India
16) Allowance granted to employee working in transport system where no daily allowance has not been allowed to meet daily expenses, done to meet his personal expenses during duty performance from one place to other place : 70 % of such allowable exempted maximum up to 6000 per month.
17) Allowance granted for encouraging the academic, research and other professional pursuits : exempted to the extent used for said purpose
18) Many hilly area, remote area, field allowances are exempted on various rate
19) Any other allowance : Generally Taxable.

I am uploading herewith a Pdf file containing the above informations.

Thank you som, your post is very useful for me, once again thanks.