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Querist : Anonymous

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Querist : Anonymous (Querist)
01 February 2011 Dear Sir,
request you to provide clarification whether the below allowance included in CTC is taxable in the hands of employees-

1) Petrol allowance
2) Books and periodical allowance
3) Helper allowance

01 February 2011 yes all will be included..

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2011 but sir let me know the condition, and section under which it is taxable if any




02 February 2011 Sec 17, Any allowance granted by the employer



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