TIOL-DDT 738 · Monday, 12 November 2007 · story 2 of 4

Income Tax exemption for mining allowance - scope extended

Underground Allowance granted to an employee working in uncongenial unnatural climate in underground coal mines is exempted from Income Tax up to Rs. 800/- per month. Now the word coal is deleted giving this exemption to all underground mines, not coal alone!

NOTIFICATION NO. Dated: November 7, 2007

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