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books & peridicals

This query is : Resolved 
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(Querist)
10 May 2011 Dear Sor,

Our one emp. we have paid in f.y.2010-11 books & periodicals allowance about 25000 during the year than this allowance is exempted in sec 10 of 25000/-.
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
10 May 2011 You need to take actual bills from your employee & justify that those books & periodicals are used for legitimate business purpose.
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