CBDT exempts Cash Allowance up to Rs. 36000 received by an employee u/s 10(5) of the Income Tax Act

Last updated: 06 May 2021

The Central Board of Direct Taxes has released theIncome-tax (15th Amendment), Rules, 2021 in order to further amend theIncome-tax Rules, 1962. A new LTC Cash Voucher Scheme has been notified by the concerned authoritiesunder whichCash Allowance up to Rs. 36000 received by an employee u/s 10(5) of t

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