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Income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2014 Dear Sir

I want to know about exemption of Acadmic Allowances (R.P.A) PAID BY EMPLOYERS to employee.
what is tax benefit of this allowances.

Thanks
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CA. Amit G. Chandani

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CA. Amit G. Chandani (Expert)
13 May 2014 Any allowance granted for encouraging the academic, research and training pursuits in EDUCATIONAL & RESEARCH INSTITUTIONS is exempt u/s 10(14).

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