Tax exemption for legislative allowances limited by specified monthly caps and central government notification. Amendment to section 10 substitutes clause (17) to exempt daily allowance received by reason of membership of Parliament, State Legislature or any Committee thereof, and to exempt other allowances up to an aggregate monthly ceiling of twelve hundred and fifty rupees for Parliament members and six hundred rupees for State Legislature members, subject to specification by the Central Government by notification; effective from 1 April 1986.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption for legislative allowances limited by specified monthly caps and central government notification.
Amendment to section 10 substitutes clause (17) to exempt daily allowance received by reason of membership of Parliament, State Legislature or any Committee thereof, and to exempt other allowances up to an aggregate monthly ceiling of twelve hundred and fifty rupees for Parliament members and six hundred rupees for State Legislature members, subject to specification by the Central Government by notification; effective from 1 April 1986.
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