Daily taxable or not
This query is : Resolved
01 February 2014
our company has a policy to give fix Daily allowance apart from travelling exp. if they work in HQ, ex HQ and outstation Rs.160,Rs.175 and Rs.375 respectively to its employees
is it taxable (company liable to deduct TDS)on these amount.
is it taxable (company liable to deduct TDS)on these amount.
01 February 2014
Hi
Daily allowance Paid is taxable n you will be required to deduct tax on the same.
Daily allowance Paid is taxable n you will be required to deduct tax on the same.
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