Saturday, August 6, 2022

Received money for covid-19 treatment from employer, relatives? Proofs needed to claim tax exemption

The Central Board of Direct Taxes (CBDT) issued a notification on August 5, 2022, asking the employees to submit certain documents to the employer and income tax department. The documents must be submitted to claim income tax exemption on the money received from the employer and/or relatives for covid-19 treatment. The documents must be submitted within a certain timeline.

from Tax-Wealth-Economic Times https://ift.tt/ncPCzlL

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