Allowance paid by company

This query is : Resolved 

14 November 2007 What will be the tax treatment in the hand of salaried employee for allowances paid by company when he was/is outside the country.

14 November 2007 If it is a Indian Company then it is income accrued in India therefore taxable for all whether he is resident or non resident.Now it depends on nature of allowance u r receiving.It may be taxable or non taxable allowance depends on its nature.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query