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Section and Exemption Limit
Allowances To DO's to procure New Business of LIC development Officer
Replies (3)
Taxable ............
sir one of my client has received 1,46,140 as an Allowance to DO's to procure new business in his form 16, so is it fully taxable or is there any Examption limit plz assist me..?
Verify it with the part B of form 16 ........ Any excess amount should be taxable ........
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