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anurag

anurag (Querist)
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31 July 2014 is transfer grant for govt employees taxable?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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31 July 2014 No. Transfer Grant given to Employee is not part of salary its given to meet the expenditure on transfer. It is not taxable since it will not form part of your salary.

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