Easy Office
LCI Learning

SALARY

This query is : Resolved 

18 April 2010 Contribution to unrecognised fund is disallowed in case of PGBP.

In case of salary such unrecognised fund it is taxable in the hand of employee on maturity.

ISN'T ,it is a double taxation which income tax not follow .

Is there any logical provision , or just a rule?

18 April 2010 payment received from Unrecognised PF only employer contribution taxable in the hands of employee under the head salary how ever the Relif u/s.89 can be claimed and interest recived on the both employer and employee contribution is taxable under the head Other sources

19 April 2010 agree


21 April 2010 THANK YOU SIR



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query