Income Tax Exemption on Allowances available to armed forces u/s Section 10(14) r.w.r. 2BB
Income Tax Exemption on Allowances available to armed forces u/s Section 10(14) r.w.r. 2BB Allowances available to armed forces [Section 10(14) r.w.r. 2BB] Personnel of the Armed forces is allowed various allowances for working in risky, uncongenial, and difficult situations. These allowances are generally fixed and don’t depend on the actual expenditure incurred by the…