about salary , wages & remunaration

1009 views 2 replies

dear friends,

plz provide me defination of salary , wages & remunaration with act & section.

may i keep a production manager whose  salary is 40000/-pm in wages column.

some friends r say whose r direct related to production deptt. they get wages.

but my think any manager get salary / remunaration but not wages.

Replies (2)

Pl. see sec. 17(1) . In ur case wages is forming the part of salary

Surana, Chennai

9952967237

for more clearence go through income tax books provided by board of studies. 

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