income under the head salaries
This query is : Resolved
18 March 2009
dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10
AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation
AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation
19 March 2009
Dear Swati,
Conveyance Allowance will be taxable to extent used for personal purpose.
While computing RFA the personal part which is included in salary will be taken in the meaning of salary for RFA.
Can you tell me the question no. of Girish Ahuja, so that it will be rectified in the next print.
Conveyance Allowance will be taxable to extent used for personal purpose.
While computing RFA the personal part which is included in salary will be taken in the meaning of salary for RFA.
Can you tell me the question no. of Girish Ahuja, so that it will be rectified in the next print.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Banking Related Issue
- ASMT-10 received from A O
- ITR-3 File/Error Found
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Difff in ais receipts and gst turnover
- Gst on travel by air for business purposes
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
