21 August 2009
Please describe taxability of Perdiem payment ( daily allownce for personal expense) received by a person visiting abroad for a short deuartion/long duration.
21 August 2009
The net saving will be considered as income from salary & necessary TDS should be done.
If the same is not considered as income while deducting the tds, then the amount of saving (differrence between money received & acutal expenses done) should be considered as income & necessary tax needs to be paid.
CAclubindia
