Transport allowance & Children’s education allowance clam for tax

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  1. harish parmar

    harish parmar New Member

    dear sir,

    i harish parmar working in private ltd company in vasai,my company provied bus serives from station to compane and back but from my home to station i spend my money,can i get tax banfit u/s 10(14) 800 RS /month transport allowance and Children’s education allowance 100 Rs/month u/s 10(14) and school tuition fee u/s 80c both can i get tax banift both but my company accounted say you can't get transport allowance & Children’s education allowance.

    can i get both allowance

    thanking your
    harish paramr
     
  2. nllohani

    nllohani Member

    TRANSPORT ALLOWANCE OF RS.800 P.M. IS EXEMPTED IF U R ACTUALLY RECEIVING IT AS PART OF UR SALARY.CHILDREN EDUCATION ALLOWANCE ALSO U CAN CLAIM AS EXEMPT 100P.M. .TUITION FEES ACTUALLY PAID BY U CAN BE CLAIMED UNDER S.80c WITHIN OVERALL LIMIT OF 1.5LAC FOR F.Y 2014-15.
     
  3. harish parmar

    harish parmar New Member

    thanks for reply, but our company accounted say company provited bus servies station to company and back than you not get this RS 800 p.m. transport allowance for my home to station and back ,this money spend from my pocket,company not give any money and he also say that only tuition fees or children eduction allownce any of one you can claimed so pleace advice for this both issue so i can show my company accouted this transport allowance,children eduction allownce and tuition fee claimed

    waiting your reply
     
    Last edited: Apr 24, 2015
  4. nllohani

    nllohani Member

    u can claim both children education allowance and tuition fees at the same time as both come under different section.as regards transport allowance if u receive it from ur company ,the max. amount exempt is rs800p.m .if u spend less than rs 800p.m. than lower amount is exempted.
     
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