EXEMPTIONS - UNION PUBLIC SERVICE COMMISSION, ALLOWANCE & PERQUISITE PAID TO CHAIRMAN/RETIRED CHAIRMAN OR ANY OTHER MEMBER/RETIRED MEMBER OF - NOTIFIED ALLOWANCE & PERQUISITE.
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....ause (45) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following allowances and perquisites for the purposes of the said clause, namely:- (1) in case of serving Chairman and members of Union Public Service Commission :- (i) the value of rent free official residence; (ii) the value of conveyance f....
TaxTMI