Income Tax Benefit on Children Education Allowance in 2021
Exemption for Children Education Allowance and Hostel Subsidy Let’s see how much income tax benefit on children education allowance can be taken as per Income Tax Act. Children Education Allowance: Children education allowance income tax exemption is Rs 100/month per child and is provided for upto 2 childrens . Hostel expenditure allowance: Rs 300/month per …
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