Incone under the head salaries
This query is : Open
30 August 2014
while calculating exemption for retrenchment compensation 15/26 days salary is to be taken
so do here salary mean average salary that is salary of previous 10 months????
30 August 2014
Here average pay for 15 days will be calculated as below:
1. if employee is getting monthly salary then average of last 3 months shall be taken;
2. if employee is getting weekly wages then the average of last 4 completed weeks;
3. if the employee is getting daily wages then the average of last 12 days (full working
1. if employee is getting monthly salary then average of last 3 months shall be taken;
2. if employee is getting weekly wages then the average of last 4 completed weeks;
3. if the employee is getting daily wages then the average of last 12 days (full working
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Banking Related Issue
- Difff in ais receipts and gst turnover
- ITR-Capital Gain
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
