Taxability
This query is : Resolved
09 June 2018
I have an agreement with my company for service of 3 years and my company has deducted 1 month salary in 6 EMI towards refundable security deposit for service agreement.
Now my query is shall I include the security deposit amount deducted by the company in Income tax computation or can I exclude it from my total income.
note: the company has included this SD in TDS computation.
Now my query is shall I include the security deposit amount deducted by the company in Income tax computation or can I exclude it from my total income.
note: the company has included this SD in TDS computation.
09 June 2018
To offer gross salary(12 months) in tax computation ,since SD is only an application of income earned.
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