Live Practical Course on Income Tax Audit
Ledger Scrutiny by Excel Automation (VBA)
AI POWER PRACTICAL BOOTCAMP
Please advice me whether 'SUPPLEMENTARY ALLOWANCE & UNAVAILED LTA' are allowed/exempted from computation of Salary.
For the purpose of Section 10(14)(i), following allowances are exempt, subject to actual expenses incurred:
(i) Allowance granted to meet cost of travel on tour or on transfer.
(ii) Allowance granted on tour or journey in connection with transfer to meet the daily charges incurred by the employee.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
India's largest network for finance professionals
Alternatively, you can log in using: