Module 02 INCOME FROM SALARY
Chargeability
Salary meaning and Chargeability The Income Tax Act, 1961, under Sections 15-17, deals with the t...
Treatment of Various Allowances
Understanding Allowances Under Section 10 of the Income Tax Act, 1961 Allowances are a fixed amou...
Treatment of Perquisites
When your employer offers additional benefits or advantages alongside your basic salary or wage, ...
Treatment of Provident Fund
Provident Fund A Provident Fund scheme is designed to provide substantial financial benefits to e...
Profit in Lieu of salary
Section 17(3) - Profits in Lieu of Salary Section 17(3) of the Income Tax Act, 1961, deals with t...
Deductions from Gross Salary
Deductions from Gross Salary under Section 16 of the Income-tax Act, 1961 Overview Section 16 of ...
Retirement Benefits
Retirement and Taxation in India Retirement is a significant life event, symbolizing the transiti...
Computation of taxable salary
Computation of Taxable Salary The computation of taxable salary involves aggregating various comp...