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ajay Kumar
(Querist)
17 June 2024
Is amont received by haryana govt due to monthly financial assistance ( beneficiarie of deceased employee) taxable?
Dhirajlal Rambhia
(Expert)
17 June 2024
Yes, u/h IFOS......
Section 57 allows standard deduction of 1/3rd of amount received or Rs.15,000 whichever is less.
Section 57 allows standard deduction of 1/3rd of amount received or Rs.15,000 whichever is less.
Dhirajlal Rambhia
(Expert)
30 August 2024
Good luck.
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