prashanth-b
Sir, If loss of pay hours is deducted in Gross Salary and paid to the employees, then for income tax calculation whether we need to take Gross Salary or Gross Salary minus loss of pay hours . Can please confirm.
From India
vmlakshminarayanan
951

Hi, Income tax will be calculated based on total earned income and subject exemptions under various sections 80C, 80D etc.
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.