Tds


This query is : Resolved 

06 April 2014 Sir, I'm working with shipping pvt ltd Co. I have received monthly salary + expenses Rs 20000 (In which 18000 is salary & 2000 expenses) I am liable for payment of tax or not in A. Y. 2014-15

06 April 2014 Hi Satendra,

If Rs.2000 is reimbursement, then you will not be liable to tax.

And if it is not so, then the taxability depends on salary structure (what deductions and allowances are there)


Regards,
Devanand


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