Hi
Can any body know about the MP/MLA/MLC Salary i know the exemption only for allowances how about salary even there is no employee and employer relationship
2 Replies
ankur jindal
(student)
(65 Points)
Replied 19 July 2008
from my point of view it should be taxed under head other sources as he does not lie in any other four heads of income...
ankur jindal
(student)
(65 Points)
Replied 19 July 2008
even as per i.t act income of political parties are taxable under head salary even we know there cannot be income of them under this head
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