Overtime

This query is : Resolved 

25 April 2014 Dear Sir,

does overtime taxable under the computation of taxable income.

please reply asap.

thanks

Vimal

25 April 2014 oertiem by whom and for what purpose?

25 April 2014 yes very much...any income earned unless specifically exempted, is taxable.

25 April 2014 Mr. Tushar,

Overtime got by employee from his employer. for the purpose of extra duty (beyond office hours).

pls reply fast

25 April 2014 it is taxable Vimal....

26 April 2014 yes then it wil be included in the computation of income from salary and tds will be deducted if slab is crossed.


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