Income tax

This query is : Resolved 

16 November 2012 Dear sir,

Advance paid by employer to employee for meeting expenses for Rs.100000 by a/c payee cheque -Is it taxable in the hands of employee if so under which section? what is the solution for this.

Thanks and regards

17 November 2012 No

Not taxable please.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries