Question

If you work within a business that mains source of income is considered illegal aswer the following:

-someone travels for business is this expense deductible to the business or the individual or neither.

- If you send your employer a gift is it deductable.

-In 2018 have these rules changed and how?

Answer 1

1) if someone travelling for business than 1600 per month will be exempt and remaining will be taxable

and if the employee have any kind of disability then he'll get the exemption of 3200 per month and remaining will be taxable.

it'll also be deductible under section 16(ii)

2) employer and employee is a business relation and when employer sends gift then it'll be taxable income

3) rules are same but just every item now in a particular head and has a particular treatment.