Allowance

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2016 Hello Sir/Madam,

orgnization have given children edu. and hostel expenditure allowance up to the limit specified but if employee have no child or child is not staying in the hostel then it would also be allowed for exemption or it is taxable under salary in the hands of employees.

thanks.

22 February 2016 yes ,allowance will be taxable


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