should honorarium paid to government employees be taxable under salary income?
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 23 January 2017
no exemption is spelt out as such in the act if it is in the nature of allowance it would be taxable
Michelle
(Service)
(297 Points)
Replied 23 January 2017
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 23 January 2017
you are using the word Honararium here I presume that it is a monetary gift if that is the case then no exemption for monetary payments if the payments is of non monetary meaning thereby not as cash instead some tv or video player is given then value of that item upto rs 5000 is exempt
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