what is sumptuary allowance???
and How to be applicable??
is that fully taxable or not???
Menu
sumptuary
Replies (1)
Sumptuary allowances are granted to various grades of personnel in the Central Government, to compensate for the expenditure incurred on for their daily expenditures. Also, this allowance is completely income tax free.
Recent Topic
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
CAclubindia
