Children Educational Allowance

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SURESH KUMAR.P (Querist)
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29 June 2009 Children Educational Allowance given to employees childrens it's affectd any FBT provision in Employer Hand or not?

CA.Tarun Maheshwari (Expert)
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29 June 2009 No. Actually CEA is a part of salary of employee, and after a limited amount it is taxable in his hand. It is not taxable in FBT.

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