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Income from salary
In case of income from salary which amount is taxable? Only the amount which a person receives in form of salary or the additional benefits which the employer or the organisation provides are also taxable like TA, DA traveling allowance, and other such kind of benefits.
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SALARY INCLUDES ALL CASH AND NON CASH BENEFITS REC'D BY THE EMPLOYEE FROM HIS EMPLOYER. SO ANYTHING REC'D FROM EMPLOYER BY THE EMPLOYEE IS TREATED AS PART OF THE SALARY. AND THAT THINGS ARE TAXABLE TOO.
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