Dear experts and friends ,pl, help me in following query:
I am a public sector employee My salary has 3 main components
1)basicpay
2)DA
3)PERQUISITES (PERKS)=46% of BASIC PAY. perks are payments for allowances under various heads.like LTC conveyance allowance news.paper allowance , professional literature. allowance etc. some of these are partly taxable..
my question is for purpose of calculation of permanent alimony under sec25 hma will these perks be also.considered? All these are basically certain expenditures allowed by company.
I need to give a self attested . declaration to the company every fin year that I have incurred expenditures under these heads.
Any case law will be very helpful
Regards ASHISH