Exemption of expenses from income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 December 2010
A company pays Lumsum amount as salary to an employees. While calculating TDS the company allows deduction from total income in respect of telephone exp reimbursement claimed by employees. Is this allowed under Income tax Act for the FY 2010-11?
can anybody reply pls
can anybody reply pls
08 December 2010
Yes this is allowed in FY 2010-11.
08 December 2010
Yup.., this is very well allowed under income tax act...
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