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ukkas
27-11-2011, 09:20 PM
Dear Sir

Licence Fee and Washishing allowance are taxable ? kinldy replied.

prasannakumar
28-11-2011, 04:05 PM
Yes both are taxable income

Prasanna Kumar

Victor
28-11-2011, 08:32 PM
Dear Sir

Licence Fee and Washishing allowance are taxable ? kinldy replied.

Washing allowance is taxable.

Licence Fee is a deduction and not an income. Hence taxation does not arise.

Victor

prasannakumar
28-11-2011, 08:51 PM
Washing allowance is taxable.

Licence Fee is a deduction and not an income. Hence taxation does not arise.

Victor

Dear Mr.Victorji,

In my department, the license fee deducted has been added to income quoting some directions. Thats why I stated that license fee is taxable. May be the HOO was wrong. Can you please elaborate on this please

Regards
Prasanna Kumar