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Issue ID: 108506
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Wzashing Allow. Exmption

Date 28 Apr 2015
Replies0 Replies
Views 761 Views
Washing allowance exemption questioned: whether such allowance is taxable and what limit of exemption applies under income tax law.
Whether washing allowance is exempt from income tax and, if exempt, the permissible extent of that exemption; the query seeks clarification on characterization of the payment as an exempt allowance or taxable income and the ceiling or conditions governing any exemption to determine reporting and compliance obligations. (AI Summary)

Sir,

Is washing Allow. exampted if yes up to which amount

Regards

C. S. Ghanekar

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