development allowance
RARIYANKANDATH KEERTHI (Student CA Final ) (30 Points)
27 January 2019
what is development allowance given by a private company
3 Replies
Lalit Pandey
(Indian Business Researcher)
(313 Points)
Replied 27 January 2019
to development of its branch offices, sites and the development of its business regardless employee training.
RARIYANKANDATH KEERTHI
(Student CA Final )
(30 Points)
Replied 27 January 2019
thank u but please can u explain whether it is taxable fully under salaries or is there any exemption partially
Lalit Pandey
(Indian Business Researcher)
(313 Points)
Replied 27 January 2019
it is fully taxable in the hands of receiving employee.
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