28 February 2014
Salary of a person Rs.10,000/- he also received special allow. of Rs.200/- for the month we deducted the PT on salary Rs.175/-. which is correct or not.
PT shall be 200 since the gross exceeds rs. 10000.
Salary or Wages includes pay, dearness allowance and all other remunerations including allowances received by any person on a regular basis whether payable in cash or kind and also includes perquisites and profits in lieu of salary as defined in Section 17 of the Income Tax Act, 1961 (No. 43 of 1961) but does not include bonus in any form and on any account, gratuity and pension]
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