Quary in U\s 10 exemption

This query is : Resolved 

28 June 2008 A Private Limited Company give a helper allowance to Director.
In case of Director helper allowance is taxable or not if taxable what is the limit of amount

28 June 2008 actual helper allowance paid to the helper is exempt in the hands of employee

30 June 2008 helper allowance is exempt in the hands of employee to the extent of Expenditure i.e. amount spent on helper for the performing og office duties.(u/s 10(14)

Rgds/-
Anil Jain


30 June 2008 thanks



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