Pin money

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 November 2011 WHAT IS THE PIN MONEY OF MUKESH AMBANI'S WIFE PER MONTH WHAT IS TAXABLE IN THE HANDS OF HIS WIFE.

GIVE SIMPLE REASONS.

sivadas chettoor

sivadas chettoor (Expert)
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29 November 2011 It is largely a question of fact........

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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29 November 2011
Through internal sources it has been informed that whenever money is required to Mukesh Bhai, he takes from Smt Neeta Ambani. As a matter of fact, in such situation for Neeta Ambani it can be said that nothing is taxable in her hand, however, the question remains still unanswered about the treatment of money so received by Mukeshbhai in his hand.

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