FBT is Payable on Special Allowance
This query is : Resolved
26 September 2008
Dear experts,
we are giving a special allowance to employee's as part of salary and we are giving a deduction u/s 10 and paying FBT on special allowance now question is whether its taxable on employee's part or not
Thanks & Regards
Ravinder
we are giving a special allowance to employee's as part of salary and we are giving a deduction u/s 10 and paying FBT on special allowance now question is whether its taxable on employee's part or not
Thanks & Regards
Ravinder
26 September 2008
Please state the exact nature of allowance.
26 September 2008
its just like site allowance + Additional allowance.
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