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.
8th July 2019 From India
Income tax will be calculated based on total earned income and subject exemptions under various sections 80C, 80D etc.
8th July 2019 From India, Madras
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™