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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 July 2012 if am getting the salary from two employeer and one is providing the RFA AND another is not providing then while calculating the 15% of salary (clause of the RFA) both the salary will come for the calculation.

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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19 July 2012 Yes...salary from all the employer will be considered for this purpose.
Read rule "3" perquisite valuation for salary's definition.

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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19 July 2012 According to Explanaton (vi)of rule "3" of income tax rules "salary" includes the pay, allowances, bonus or commission payable monthly or otherwise or any monetary payment, by whatever name called from one or more employers, as the case may be....

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