As the name suggests,

Salary received by employee is taxable under Income from Salaries



Suppose a person gets flat salary of Rs 20000 p.m from his Company

Income from Salaries=20000*12=240000



Salary is taxable under this head only if there is proper employer employee relationship

i.e. employee is working on payroll of company


If employee working on contract of company,then income not taxable under this head (It is taxable under Income from Other Sources)

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.