Books & periodicals
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2010
Books & Periodicals allowance is in Salary. But my query is it eligible from tax exemption. And Pl tell me amount limit for AY 2011-2012
Regards
laxminarayana B
Regards
laxminarayana B
19 June 2010
If the allowance is used for professional, acadamic, work purpose it is exempted up to the expenses incurred, balance taxble
20 June 2010
AGREED
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