TMI BlogWithdrawal of exemption on certain perquisites or allowances provided to Union Pubic Services Commission (UPSC) Chairman and members and Chief Election Commissioner and Election CommissionersX X X X Extracts X X X X X X X X Extracts X X X X ..... Union Pubic Services Commission (UPSC) Chairman and members and Chief Election Commissioner and Election Commissioners Section 10 of the Act provides for exemption in respect of certain incomes and activities under specific circumstances. Clause (45) thereof, inserted by the Finance Act, 2011, provides that any allowance or perquisite as may be notified by the Central Government, paid to th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and members of UPSC, the said Notification states that the following allowances and perquisites shall be exempt from income-tax for the purposes of clause (45) of section 10 of the Act, with effect from 1st April, 2008: (i) a sum of maximum of ₹ 14,000 per month for defraying the service of an orderly and for meeting expenses incurred towards secretarial assistance on contract basis; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice) Act, 1958 and the rules made thereunder. It is proposed to remove these exemptions. Accordingly, it proposed to: (i) delete cause (45) of section 10 of the Act; (ii) amend section 8 of the Election Commission (Conditions of Service of Election Commissioners and Transaction of Business) Act, 1991, so as to delete the exemption from income-tax on value of rent-free residence, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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