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News paper allowance

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(Querist)
19 November 2010 Whether news paper allowance is taxable when it is being paid as a fixed sum irrespective of amount incurred by individual
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
19 November 2010 yes , it is taxable.
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CA.Madhusudan B.P.

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CA.Madhusudan B.P. (Expert)
19 November 2010 Yes.
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Nikhil Kothari

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Nikhil Kothari (Expert)
21 November 2010 It is Taxable.

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