Saturday, 27 June 2015

Uniform allowance paid to employees isn’t exempt if no dress code has been specified for employees

IT : No exemption under section 10(14) shall be granted in respect of uniform allowance paid to employees if there is no dress code and the employees are free to wear any dress. ITAT has directed assessee-employer to include such allowance in salary of the employees for the purpose of deduction of tax under section 192

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