Hi,
If any Award is received by Employee from employer in Cash or Kind,will it be taxable or not
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Award from employer
Replies (2)
Dear anil,
Taxable. anything received from employer by employee would be atxable under the head salaries unless it is covered by exemption sec 10. No such exemption is available for award received by employee from employer.
Regards,
Manoj
agreed with manoj
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