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Books & periodicals

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(Querist)
13 September 2008 amount paid for books & periodicals every month is chargeable to tax for employees?
and also if amount is paid for hard & soft furnishings are they taxable?
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Yatesh Prakash Renuke

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Yatesh Prakash Renuke (Expert)
15 September 2008 Dear Monika,

Amount paid for books & periodicals every month is not taxable in the hands of employees.

Regards'

Yatesh renuke
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Yatesh Prakash Renuke

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Yatesh Prakash Renuke (Expert)
15 September 2008 Dear Monika,

Amount paid for books & periodicals every month is not taxable in the hands of employees.

Regards'

Yatesh renuke
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