Income tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2014 Dear Sir

I want to know about exemption of Acadmic Allowances (R.P.A) PAID BY EMPLOYERS to employee.
what is tax benefit of this allowances.

Thanks

13 May 2014 Any allowance granted for encouraging the academic, research and training pursuits in EDUCATIONAL & RESEARCH INSTITUTIONS is exempt u/s 10(14).


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