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Newspaper allowances whether it is tax exempted or not?
Newspaper allowances provided by a company liable to tax benefit or not as per rule 2 A?
Replies (2)
newspaper allowances - is exempted upto actual expenditure ( i.e., reimbursement against bill)
subject to maximum RS 12,000 per annum
subject to maximum RS 12,000 per annum
Sir can u please specify under which section newspaper allowance is covered
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