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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

26 September 2008 Please state the exact nature of allowance.

26 September 2008 its just like site allowance + Additional allowance.


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