Business Studies, asked by kukubahikuku8909, 1 year ago

Explain the concept of Salary as per Income Tax Act l96l.

Answers

Answered by ssvijay738
0

The term salary is defined under section (1) of the income tax act to include following items as salary; Wages. Any annuity or pension. Any gratuity. Any fee, commission, perquisite or profit in lieu of salary or addition to any salary or wages.

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