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Remuneration to mla

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(Querist)
05 November 2013 HOW DOES SALARY TO MLA IS TAXABLE WHETHER IT IS TAXABLE OR NOT
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
05 November 2013 1) MLA's salary is taxable under the head 'income from other sources'.

2) Allowance of MLA's are exempt from income tax under section 10(17)(i) and (ii) of the Income tax Act,1961.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
05 November 2013 Agree with Expert Ji,

Salary to MLAs are taxable under the head IOS....
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