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CITY COMPENSATORY ALLOWANCE (Income Tax)

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This query is : Resolved



( Author )
08 August 2008



WHAT IS THE MEANING OF CITY COMPENSATORY ALLOWANCE?


Vishnu Agarwal

( Author )
08 August 2008

AND EXAMPLES OF IT.


CA vikash Jain

( Expert )
12 August 2008

there is no specific ans in books but what i feel is this is an allowance which is a compensation for living in a city ( in India for CCA, cities are divided in A and B category)


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