Dear Members,
My client is working on contract/adhoc basis with AIR INDIA and the salary component is as follows :-
-basic pay=4000 p.m
-conveyance allowance=500 p.m.
-adhoc allowance= 7500 p.m.
please share the nature of adhoc allowances and whether this allowance is partly taxable or fully taxable.
CAclubindia
