22 January 2011
Suppose an employee is engaged at a rate of Rs 5000/- p.M. + DA + Special allowance. Whether P Tax is deductible on 5000 or amount after considering DA + Special Allowance. Futhur if the same employee is present only for 15 days in the month and get 2500/- as his wage payment. in which amount PTAX shall be dedctible 2500/- or 500/-
CAclubindia
