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JazzyJellybean
JazzyJellybean
22mo
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ITR help

Is it possible to claim tax exemption on food card allowance that is provided in the salary and not loaded in any separate food card.

22mo ago
SwirlyWaffle
SwirlyWaffle
Infosys
22mo

Form 16 released kya?

BouncyPotato
BouncyPotato
TCS
22mo

Not yet waiting for it

BouncyPotato
BouncyPotato
TCS
22mo

Tax statement it is updated for 2024-2025

GroovyPenguin
GroovyPenguin
TCS
22mo

No that's a taxable component.

JazzyJellybean
JazzyJellybean
TCS
22mo

Can't it he shown in the section 10 of ITR as exempt income?

There are articles on google to do this.

CosmicDonut
CosmicDonut
TCS
22mo

Far as I know it's exempt only if it's loaded on your food card. Money paid to salary is subject to tax.

JumpyPancake
JumpyPancake
TCS
22mo

If you taken food card and selected old-regime then only amount will be non taxable 🙃

JumpyNugget
JumpyNugget
TCS
22mo

It's available in documents released last week

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