Income tax on salary urgent

Tax queries 450 views 2 replies

Good morning to all experts,

                                                                Please clear my doubt about salary calculation.

My salary detail for some month are given below.

MONTH

SALARY

CANTEEN

MOBILE

TOTAL SALARY

APRIL

24170

50

0

(24170-50)=24120

MAY

24170

50

0

24170-50)=24120

JUNE

24170

50

0

24170-50)=24120

 

Then Sir my query is only that in which amount I will calculate tax.24170 or 24120. Please sir reply soon

Replies (2)

Canteen expenses providing during working hours is exempted upto Rs.50/- per day. So in your case, you can take Rs.24120/- as your salary

THANKS FOR REPLY . I WAS THINKING THAT WHEN  I  AM NOT GETTING SALARY 24170 SO WHY I WILL GIVE TAX ON 24170. RUPEES 50 DEDUCT FROM MY SALARY. AND I AM RECEIVING 24120 PER MONTH SO I WILL TAX ON 24120 


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