23 November 2010
1) Mr X has is in the Indian Navy. He has got Rs. 5000 p.m as Technical allowance (ie. Rs. 60000). What is the exemption limit of Technical Allowance in this case? Or is Rs. 5000 p.m fully exempt.
2) Mr X has also recd. Submarine Allowance Rs. 14000 p.m (Rs. 168000). What is the exemption limit for submarine allowance recd. ?
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