Income Tax Exemption on Children Education Allowance
Children Education Allowance Exemption Limit in Income Tax Children Education Allowance (CEA): Rs. 100 per month per child up to maximum of two children Hostel Subsidy (HS): Rs. 300 per month per child up to maximum of two children under section 10 (14) read with Rule 2Bb(2)(5) of the Income Tax Act. This limit as … Read more