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Cash given to employee on diwali

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 October 2015 Dear experts,
Cash given to emplyee as gift more then 5000 is taxable but these employee does not cover TDS as per their salary, plz guide me how they will pay tax on this cash gift, if TDS not applicable to them, however they will also not file their income tax return as their income is below the exemption limit, plz guide me what is solution of my above stated query,

Thanx & Regard
Sumit chauhan

14 October 2015 Any gift above 5000 add it with salary, no tax payable if the salary is below taxable limit after adding the gift.



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