https://www.taxtmi.com/circulars?id=8987 MPs receive a statutory monthly allowance in lieu of specified additional facilities which is exempt from tax; the prior minimum standard deduction need not be allowed from the allowance's commencement. If actual expenditure exceeds the statutory allowance, the tax officer may examine evidence and allow deductions for the excess when computing the MP's income under the general deduction provision. en-us Thu, 17 Jun 1976 00:00:00 +0530 Wed, 01 Jun 2011 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8987 MPs receive a statutory monthly allowance in lieu of specified additional facilities which is exempt from tax; the prior minimum standard deduction need not be allowed from the allowance's commencement. If actual expenditure exceeds the statutory allowance, the tax officer may examine evidence and allow deductions for the excess when computing the MP's income under the general deduction provision. Circulars Income Tax Thu, 17 Jun 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8987