Employees salaries allowed

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This discussion clarifies the deductibility of employee salaries as business expenses under the Income Tax Act for private hospitals. It confirms that there is no specific limit on the number of employees or the amount of salary paid that would disallow these expenses. Therefore, all salaries paid to the 15 employees are fully allowable as business expenses.

Kollipara Sundaraiah online

Kollipara Sundaraiah online

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17 August 2021 Sir,
A person running a private hospital 15 employees working in hospital
Some employees salaries paid above rs:15,000/-p.m.
Some employees salaries paid above rs:10,000/- p.m.
Some employees salaries paid above rs:5000/- p.m.
Question:
1.Assess all (15 members) employees salaries paid amount (business expenses) allowed in it act.
2.Any limit of employees allowed in it act.