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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Living allowance received in USA is not taxable in India, ...


Living Allowance in USA Not Taxable in India; Exemption u/s 10(14)(i) and Tax Credit Available.

September 26, 2015

Case Laws     Income Tax     AT

Living allowance received in USA is not taxable in India, therefore, assessees are entitled for exemption u/s 10(14)(i) - assessees would become entitled to get tax credit in respect tax paid on living allowance in USA - AT

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