Exemption for Leave Travel Concession [Section 10(5)]
· Chapter
TAX — Income from Salaries
10 microlessons in this chapter
Read each in 5 minutes. Each has worked examples + the bare-Act text for reference.
All lessons
1
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2
Exemption for medical facilities [Proviso to Section 17(2)]
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3
Exemption for payments from approved superannuation fund [Section 10(13)]
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4
Perquisites taxable only for specified employees & meaning of specified employee [Section 17(2)(iii)]
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5
Tax-free perquisites available to all employees
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6
Taxable annual accretion to RPF, NPS & ASF [Section 17(2)(viia) read with Rule 3B]
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7
Valuation of Motor Car perquisite [Rule 3(2)]
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8
Valuation of Rent-Free / Concessional Accommodation [Rule 3(1)]
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9
Valuation of domestic servants perquisite [Rule 3(3)]
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10
Valuation of gas, electricity or water perquisite [Rule 3(4)]
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