Dear team, my bro is working in Indian army. He is getting counter insurgency allowance of ₹10500 per month in my salary . kindly guide under which section and up to what limit it is exempted from tax.
Dear team, my bro is working in Indian army. He is getting counter insurgency allowance of ₹10500 per month in my salary . kindly guide under which section and up to what limit it is exempted from tax.
THNX ALOT SIR,,, sir first do i need to deduct the allowance amount from the salary by myself and den update it on exempt income for reporting purpose.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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