Coal India Ltd's Colliery Allowance Taxed: Only Amount Over Rs. 100/Month or 50% of Allowance Taxable.

The circular addresses the taxation of the Colliery Allowance paid to officers by Coal India Ltd. Following a representation from the Coal Mines Officers Association of India, it clarifies that the allowance is considered a taxable perquisite. However, to account for its intended use in covering expenses related to company property management, only the amount exceeding Rs. 100 per month or 50% of the actual allowance, whichever is higher, will be taxed. This instruction should be communicated to all relevant officers.

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