development allowance

RARIYANKANDATH KEERTHI (Student CA Final ) (30 Points)

27 January 2019

what is development allowance given by a private company

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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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