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.
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