Taxability of daily allowance

Tax planning 392 views 2 replies

Dear Experts

Whether daily allowance of Rs. 200 per day taxable in the hands of employee if he is performing his duties in office and he has not gone for any tour?

What are the different ways to give salary to employees so that the salary does not get taxable in the hands of employee?

Replies (2)

Daily allowance is exempted upto expenses incurred for office purpose sec 10(14)

But it was exempted upto the time there was FBT. Now Daily allowance is fully taxable.


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