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urgent: Ad Hoc allowance

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(Querist)
12 December 2009 Dear Experts,

Please tell me wat is Adhoc allowance. This has give in salary segregation of a managing Director
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Rasesh

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Rasesh (Expert)
12 December 2009 This is just a name given to the allowance. Other example is supplementary allowance. This would be taxable and fall under the managerial remuneration category for the MD
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
13 December 2009 The allowances which are unplanned and given when necessity is felt; are called ad-hoc allowances.

These are taxable.
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jassy

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jassy (Querist)
14 December 2009 thanks a lot experts

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