Businesswonder.com - Home Page

Income Tax Exemption under Section 10(17) of Income Tax Act, 1961

 

Eligible Assessee

A member of Parliament or State Legislature or any committee formed thereof

 

 

 

Nature of Income

Daily allowances or constituency allowance

 

Amount Exempt

Entire amount

 

Conditions laid down for Tax Exemption
Following allowances are exempt under this clause

HOME  About Us   Contact Us   Disclaimer   Privacy Policy