Taxability of allowances
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 June 2014
1 of client was sent on deputation to china in the course of his employment during the year 2013-14 by his employer. over there he was given daily allowance to meet up his requirements on which company directly paid the tax. However the employee was able to save some portion from the allowance paid to him. Now this saving if shown in the return of income vl be taxable. Is there any way to avoid the tax on it?? As the company has already paid tax on it in its own name
03 June 2014
if the allowance paid to the employee are such that the company has directly paid the tax...(????), then saving by the employee need not be taxable.
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