Books & periodicals

This query is : Resolved 

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?

15 September 2008 Dear Monika,

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

Regards'

Yatesh renuke

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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