Only transport allowance under section 10(14) will continue under the new
tax system:
Transport Allowance granted to a divyang employee to meet expenditure for
commuting between place of residence and place of duty
Read this article:
https://taxguru.in/income-tax/snapshots-union-budget-2020-direct-tax-amendments.html
Since we are eligible for exemption u/s80U, we would prefer the old system.
However, I am afraid, the exemptions may not continue for long.
With best regards,
Amiyo Biswas
Cell: 6290527506 / 9433464329
----- Original Message -----
From: "pranayarani" <[email protected]>
To: "AccessIndia: a list for discussing accessibility and issues concerning
the disabled." <[email protected]>
Sent: Sunday, February 2, 2020 4:53 PM
Subject: Re: [AI] What is there in budget for differently abled people?
as per my knowledge, don't opt for the new scheme, it seems old scheme is
much better, needs further study
----- Original Message -----
From: "sampath raj rao" <[email protected]>
To: "AccessIndia: a list for discussing accessibility and issues
concerning the disabled." <[email protected]>
Sent: 02 February, 2020 11:07 AM
Subject: Re: [AI] What is there in budget for differently abled people?
Hi experts, In the new slab system will we be able to avail the
deduction under 80 U?
If the system is designed to reduce saving and increase expenditure of
individuals then the Principal and interest paid towards purchase of
house will be taken for tax exemption?
What about the conveyance allowance and HRA allowance deduction from
being deducted as nontaxable income...?
Thanking you...
On 2/2/20, Aziz Minat <[email protected]> wrote:
Hi, can anyone tell what are the provisions for differently abled people
in
this budget? I tried to find but didn't get anything.
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