Posts tagged Reckoning of Running Allowance as pay for the purpose of deduction of Income Tax.

Reckoning of Running Allowance as pay for the purpose of deduction of Income Tax

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWA BAORD)

No. F(X)I-91/23/3                           New Delhi, Dated 28-12-2010

As per Standard List I, II, III

Sub: Reckoning of Running Allowance as pay for the purpose of deduction of Income Tax.

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In continuation of Board’s letter of even number dated 13.07.2000, a copy of the Notification of Ministry of Finance (Central Board of Direct Taxes) No. S.O. 2820(E) dated 22nd November 2010 regarding substitution of the letters figures and words "Rs.6,000/- per month" with letters, figures and in sub rule (2) in the table against serial number 4 in column 4 is enclosed for information and guidance.
Receipt of this letter may please be acknowledged.

s/d
(V.Rama Manohar Rao),
Joint Director, Finance (Exp.)-I,
Railway Board

DA : As Above

 

With the Efforts of AIRF, Railway Board has issued orders for reckoning of Running Allowance as pay for the purpose of deduction of Income Tax.

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