Income From Salary
This query is : Resolved
Rakesh Pandya
(Querist)
19 January 2009
Dear all Members If One Person's Salary is 20000 Monthly But Every Month He is Getting 15000 Lumpsum Amount in hand after the Deduction of Salary for those Days on which he is Absent. So For Tax Teatment and Return Filing Which Salay Will be Considered as Rs. 20000/- or Rs. 15000. This is The Deduction of Salary for those Days on Which he is Absent.
Thanks in Advance
Pls Let me Know as soon as Possible
Thanks in Advance
Pls Let me Know as soon as Possible
CA Hemant T Dewani
(Expert)
19 January 2009
hie this question is ask by you is fair or unfair so pl ask those question which are knowledgeable
try to understand the facts
thanks
try to understand the facts
thanks
K V Subba Rao
(Expert)
19 January 2009
As far as the Company is concerned, salary paid by it for actual days employee is present only is debited to expenditure.
Salary "lost" due to absenteesim cannot be treated as either of application of salary or voluntarily foregone by employee.
Hence salary received by employee for actual number of days he worked only becomes taxable.
Salary "lost" due to absenteesim cannot be treated as either of application of salary or voluntarily foregone by employee.
Hence salary received by employee for actual number of days he worked only becomes taxable.
Dhirajlal Rambhia
(Expert)
07 November 2021
Check the form 16 issued by the employer.
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