"Special Compensatory Allowances Exempted From Tax Up To A Certain Limit"

 
As per Rule 2BB in Income Tax Rules, 1962 various other allowances have also been made completely exempt from tax. Some of such allowances are described below:

(i)       Special Compensatory (Hill Areas) Allowance up to 300 per month at a place located at a height of 1,000 mtrs. or more above sea level.


(ii)      Any special compensatory allowance in the nature of border area allowance or remote area allowance or difficult area allowance or disturbed area allowance is fully exempted from tax upto

(a)      1,300 per month for the Little Andaman, Nicobar & Narcondum Islands, Lakshadweep, Minicoy Islands, etc.

(b)      1,050 per month throughout Nagaland, Sikkim, etc.

(c)      750 per month throughout Aizwal district of Mizoram, Manipur, etc.

A sum of 200 per month in respect of tribal area allowance is completely exempt from tax in the States of Madhya Pradesh, Uttar Pradesh, Karnataka, Tripura, Assam, West Bengal, Bthar, Orissa, Meghalaya, Tamil Nadu and parts of Himachal Pradesh.

For full detailed list of place at which the allowance is exempt please refer latest Notifications issued from time to time.
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