2 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 26 February 2019
If the allowance is not specifically exempt then it is considered as fully taxable. There is no exemption for the monthly amount given as telephone allowance. It is fully taxable in the hands of employee.
Recent Topics
- GSTR1 filing export of service-HSN summary
- Revenue or cost ?
- Selling of Fully Duty Paid Imported goods as FOC
- Company striked off in 2007 a specific question
- Income tax AY 22-23
- Filing of updated return
- ITC on Warranty Extension
- TAX RELIEF ON SEVERANCE PAY
- Offline appeal documents doubt
- Https://www.facebook.com/calmxcbdcapsules/
Related Threads
CAclubindia
