Allowances
This query is : Resolved
02 March 2010
my brother receives Rs. 18,000/- telephone allowance as part of his salary, can he get any exemptions or deductions on that for income tax purpose? How?
02 March 2010
No.telephone allowance is fully taxable. no deductions
02 March 2010
thank you sir
03 March 2010
fully taxable.
he may ask his company to provide phone (perquisite) instead of this allowance in this case it would be exempt in his hand.
he may ask his company to provide phone (perquisite) instead of this allowance in this case it would be exempt in his hand.
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