Specified employees

This query is : Resolved 

20 March 2009 Please let me know the threshold limit to be regarded as specified employee for the purpose of Section 17(2)of Rs. 50,000 is per annum or per month. Thank you..

20 March 2009 it is 50000 per annum
salary here means Basic + DA + Commission as a fixed percentage on turnover + Bonus + Fees + Any other taxable allowance + Any other monetary benefits – Deduction u/s 16)




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries