Overtime
This query is : Resolved
VIMAL DEVRANI
(Querist)
25 April 2014
Dear Sir,
does overtime taxable under the computation of taxable income.
please reply asap.
thanks
Vimal
does overtime taxable under the computation of taxable income.
please reply asap.
thanks
Vimal
25 April 2014
oertiem by whom and for what purpose?
Nikhil Kaushik
(Expert)
25 April 2014
yes very much...any income earned unless specifically exempted, is taxable.
VIMAL DEVRANI
(Querist)
25 April 2014
Mr. Tushar,
Overtime got by employee from his employer. for the purpose of extra duty (beyond office hours).
pls reply fast
Overtime got by employee from his employer. for the purpose of extra duty (beyond office hours).
pls reply fast
Nikhil Kaushik
(Expert)
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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