Kindly help me on following matter.
I want to know that what is procedure of tax calculation (TDS) when we reimburse the allowances such as Driver Allowance, Petrol Allowance, Office Asst. Allowance, Books & Periodicals Allowance, Telephone Allowance,Special allowance to buildup new institution,Entertainment Allowance, Office at Home, Assistance Allowance to any employee. Whether these are taxable or not while calulate the TDS on salary. PLEASE CLARIFY EACH ALLOWANCE.
Regards
Rohit B
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I want to know that what is procedure of tax calculation (TDS) when we reimburse the allowances such as Driver Allowance, Petrol Allowance, Office Asst. Allowance, Books & Periodicals Allowance, Telephone Allowance,Special allowance to buildup new institution,Entertainment Allowance, Office at Home, Assistance Allowance to any employee. Whether these are taxable or not while calulate the TDS on salary. PLEASE CLARIFY EACH ALLOWANCE.
Regards
Rohit B
[Login to view]