SALARY
This query is : Resolved
18 April 2010
Contribution to unrecognised fund is disallowed in case of PGBP.
In case of salary such unrecognised fund it is taxable in the hand of employee on maturity.
ISN'T ,it is a double taxation which income tax not follow .
Is there any logical provision , or just a rule?
In case of salary such unrecognised fund it is taxable in the hand of employee on maturity.
ISN'T ,it is a double taxation which income tax not follow .
Is there any logical provision , or just a rule?
18 April 2010
payment received from Unrecognised PF only employer contribution taxable in the hands of employee under the head salary how ever the Relif u/s.89 can be claimed and interest recived on the both employer and employee contribution is taxable under the head Other sources
19 April 2010
agree
21 April 2010
THANK YOU SIR
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
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- 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
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
