Gross total income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 August 2011 In a public limited co.,a person is paid salary,bonus as well as rent for property which she has lent to the company.But the annual rental does not the limit and hence tds on rent is not applicable.But inorder to deduct tax at source from salary income,should rent income also be included in the amount of gross salary???how should tds be calculated on her income???

CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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24 August 2011 If the employee furnishes you details of her other income, then you have the liability to deduct TDS on Salary after considering the said income.

Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2011 but the same should be included under which section???

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