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what are the tax exempted allowances?

Answers were Sorted based on User's Feedback



what are the tax exempted allowances?..

Answer / shmkumar

in ap no tax cap is 5 lakhs for every accounting year

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what are the tax exempted allowances?..

Answer / keerthana

im not sure about exact answer..but my idea is , group mediclaims, meal card ( where company pays part of employee salary in form of meal card , wre the employee uses the card for hotels , departmental stores... )..

Is This Answer Correct ?    1 Yes 3 No

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Dear Sir, i am doing excise part, now I have a dout Please clarify any one. my question is I submitted July month return in before 10th August. But we sold material in july to x party excise value 12% - 1000, 2% - 20 and 1% - 10 Rupees respectively, we paid this amount in the same month it's no problem sir. but now x party reject the material and invoice in september month. may i adjuste above paid amount in september month return? How can i adjuste and where can i metione this details in Excise return? please give answer it's help full for me. Advance thanks for every one reply.

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