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
D.Durga Prasad (CA - Student) (78 Points)
20 March 2008Dear 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
O.D.SHARMA
(DGM-F & A)
(1734 Points)
Replied 20 March 2008
As usual for individual for FY 2007-08 110000/- Tel Exp. if actual then FBT will be on company part.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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