Income tax computation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 March 2014
Hi,
I get local travelling allowance for site visit, mobile expenses; etc along with my salary and it is shown in my salary slip.
However, please advice if these will be taxable as salary income or should it be deducted while calculating salary income.
Thanks
I get local travelling allowance for site visit, mobile expenses; etc along with my salary and it is shown in my salary slip.
However, please advice if these will be taxable as salary income or should it be deducted while calculating salary income.
Thanks
24 March 2014
If these r received on monthly basis then fully taxable. & if received as reimbursement then fully exempted..
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