Tax treatment of COVID-19 medical perquisites now permitted subject to government notification and specified conditions. Amendment inserts a new sub-clause providing tax recognition for amounts in respect of COVID-19 illness, subject to conditions to be specified by the ... Summary
Tax treatment of COVID-19 medical perquisites now permitted subject to government notification and specified conditions.
Amendment inserts a new sub-clause providing tax recognition for amounts in respect of COVID-19 illness, subject to conditions to be specified by the Central Government by notification in the Official Gazette, and the insertion is deemed to have effect from the commencement date specified in the amendment.
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