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Salary income

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22 August 2012 What means "Lumpsum Payment" in terms of salary income computation?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 August 2012 Lumpsum payment is the salary which is not having any break up like Basic, HRA,DA,Transport allowance etc.

Lumpsum payment is fully taxable as like Basic Salary
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