Advance salary
This query is : Resolved
11 October 2010
A company pay to its employees advance salary of Rs. 100000 in september and in further month an equal amount of Rs. 10000 adjusted from his salary . Taxable or not??? and what is advance against salary?
11 October 2010
Advance salary is taxable on payment & accordingly TDS should be calculated on that.
11 October 2010
Thanks Sir , one more Question is the advance against salary is diff from salary advance
11 October 2010
both term are same
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