urgent: Ad Hoc allowance

This query is : Resolved 

12 December 2009 Dear Experts,

Please tell me wat is Adhoc allowance. This has give in salary segregation of a managing Director

12 December 2009 This is just a name given to the allowance. Other example is supplementary allowance. This would be taxable and fall under the managerial remuneration category for the MD

13 December 2009 The allowances which are unplanned and given when necessity is felt; are called ad-hoc allowances.

These are taxable.


14 December 2009 thanks a lot experts


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