Salary related
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2016
An Individual received the consolidate salary of Rs. 30,000 P.M. on contract basis. No any clarification / bifurcation written in his/her appointment letter. In this case deduction under Transport allowances or House rent allowances are applicable or not.
Individual not having any investment in u/s 80 C.
Please give a suitable reply.
Thanks
Deepak
Individual not having any investment in u/s 80 C.
Please give a suitable reply.
Thanks
Deepak
26 August 2016
It appears that the remuneration received UNDER CONTRACT is not salary essentially. It should be considered as business income. However, it would further depends, how the payment slip is look like salary with content of basis salty etc, then I can help in better way. Thank you
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- PAYMENT NOT SEND IN 180 DAYS
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
