Dear Sir,
Can you explain what are the "Tax exemtion limit" available under the "Income from salary" to the Dirctor of the Company
If Telephone Allowance paid to the Director. Whether this allowance exempt from tax Calculation and to what extent
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Telephone Exempt
Replies (1)
As usual for individual for FY 2007-08 110000/- Tel Exp. if actual then FBT will be on company part.
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