Salary to employee
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 November 2011
whether overtime paid to employee, shall form part of salary for computation of income tax ? or shall be shown separately in the books of employer.
25 November 2011
Overtime paid will be taxable in the hands of the employee because it is in the nature of salary.
25 November 2011
overtime wages also taxable under the head salaries only.
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