Theory
Whether Part time Employee taxable under Income from Salaries
Whether Foregoing of Salary taxable under Income from Salaries?
Salary paid Tax free You are here
Basis of Charge (Section 15)
Place of Accrual of Salary
Whether loan or Advance against Salary taxable?
Definition of Salary
What is Profit in lieu of Salary?
Definition of Taxable Perquisite Section 17 (2)
Perquisites Exempt for All
Last updated at April 16, 2024 by Teachoo
Sometimes,employee says that he wants tax free salary of Rs 300000.
Employer pays tax on it of Rs 4000
Income from Salaries in this case will be
Tax free Saalry+Tax paid by employee
=300000+4000
=304000
Hence In case,employee is paid tax free salary,then tax paid on it will be deemed to be Income from Salaries
