Easy Office
LCI Learning

Treatment of children's School fees paid by employer?

This query is : Resolved 

05 April 2010 Dear all,

We are paying Rs. 8000/- per month to an employee as school fees of his child.

How to deal this under Income tax considering the new perk rule ?

Subhash Jha

06 April 2010 CHILD SCHOOL FEE ALLOWANCE EXEMPT UP TO RS. 100/- PM FOR TWO CHILD, AND BALANCE IS TAXABLE,




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query