raja-etutors Started The Discussion:hi to all,
can anyone tell me about the Academic Research Allowance and to what extent it is taxable or fully exempted......in my company, MD ask me to allocate the salary structure for the manager what she decided. under this salary she mentioned Academic Research Allowance Rs 3500 pm.. and she is claiming the same for the whole year as tax exemption. is the salary structure that she had given is correct or not..... is the Academic Research Allowance of Rs. 3500 pm is fully exempted from the income tax...... and i want for Scholar ship for sons education also :confused:
Posted 18th September 2008 From India, Madras
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