Income tax

CA IN PRACTICE... ( CA ) (490 Points)

06 April 2014  

Dear Members,

My client is working on contract/adhoc basis with AIR INDIA and the salary component is as follows :-

-basic pay=4000 p.m

-conveyance allowance=500 p.m.

-adhoc allowance= 7500 p.m.

please share the nature of adhoc allowances and whether this allowance is partly taxable or fully taxable.