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Income under the head- Salary

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(Querist)
24 June 2024 Cos of living allowance is taxable or not for working in abroad and the salary is received as Indian money in Bank account maintaining in India
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 June 2024 Living allowance to the extent of actually spent is tax-exempt. Any excess amount is taxable.
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B. vignesh

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B. vignesh (Querist)
24 June 2024 Thank you very much sir for sharing.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 June 2024 You are welcome.

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