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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

TDS u/s 192 - any allowance given by the company to its ...


Uniform Allowance by Company Not Exempt from Tax u/r 2BB(1)(f) and Section 10(14)(i); Tax Deduction Applies.

February 26, 2014

Case Laws     Income Tax     AT

TDS u/s 192 - any allowance given by the company to its employees in the name of uniform allowance cannot be said to be exempt under Rule 2BB(1)(f) r.w.s 10(14)(i) of the Income Tax Act - AT

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