Dear Sir/Madam,

I am a salaried Emp. in an IT company and Professional allowance is a part of my salary.

I want to know is it Taxable or not and is there any way i can avoid tax on it by submitting some bills.

Thanks

Ankit


Admin’s Response:

Any allowance which is not exempt as per section 10(14) is taxable and included in the definition of salary and as such, taxable.