Salary can be defined as the compensation a person receives for providing services that are implied or explicit. Section 17​​ of the Income-tax Act defines the term Salary. However, not going into the technical definition, generally, whatever is received by an employee from an employer in cash, kind
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About the Author

Practising CA

Blogger at GSTPanacea.com Fellow Member of ICAI M.Com, DISA(ICAI), Certified Indirect Taxes (ICAI)-Experience in the field of Indirect Taxation for 15 years Certified Valuer (ICAI) Member Sales Tax Bar Association (Delhi) Member Taxation Bar Association (Ghaziabad) Ex-Member NIRC Company Law Research Group-2014- ... Read more


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