Income taxable in the hands of member of legislative council
This query is : Resolved
21 May 2016
Sir/Mam,
Income received from Karnataka Legislative Council : Salary, Traveling and Daily allowances, Railway allowances, constituency traveling allowances. Please mention the taxablity and exemption for the above mentioned incomes with the provisions of I.T.Act,1961.
Thank you in advance,
Income received from Karnataka Legislative Council : Salary, Traveling and Daily allowances, Railway allowances, constituency traveling allowances. Please mention the taxablity and exemption for the above mentioned incomes with the provisions of I.T.Act,1961.
Thank you in advance,
24 May 2016
Exemptions are covered u/s. 10(17) of I Tax act.
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