Allowance paid by company

This query is : Resolved 

14 November 2007 What will be the tax treatment in the hand of salaried employee for allowances paid by company when he was/is outside the country.

14 November 2007 If it is a Indian Company then it is income accrued in India therefore taxable for all whether he is resident or non resident.Now it depends on nature of allowance u r receiving.It may be taxable or non taxable allowance depends on its nature.



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