Article
29 Points
Joined July 2015
Sir/Mam,
As per Sec 10(17) of Income Tax Act, any allowances recd for holding the position as MP/MLA is exempt. Int is not covered in this.
Hence it is anyhow taxable s.t. Sec 80TTB
Thank You
CA.Shambhuling Patil
M: 7411517975