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Notice Pay

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(Querist)
25 February 2010 What is notice pay & what is its treatment in tax computation.
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CA Vijay Kumar Gupta

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CA Vijay Kumar Gupta (Expert)
25 February 2010 it is covered under salary income.
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Rabnoor Singh Khanna

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Rabnoor Singh Khanna (Querist)
25 February 2010 I just want to know what is notice pay
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 February 2010 Notice pay is the payment made by employee while he resigns for shortfall of notice period or payment made by employer while terminate employee for shortfall of notice period
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 February 2010 Notice pay is the payment made by employee while he resigns for shortfall of notice period or payment made by employer while terminate employee for shortfall of notice period
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