Tuesday, June 10, 2014

[aaykarbhavan] Conveyance allowance received by LIC employee to develop insurance business is exempt from tax




Conveyance allowance received by LIC employee to develop insurance business is exempt from tax

June 10, 2014[2014] 45 taxmann.com 301 (Rajasthan)
IT: Conveyance allowed paid by LIC to its Development Officer for performance of his duties and development of insurance business is to be allowed as exempt under section 10(14)
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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