Business Studies, asked by prakasam9322, 1 year ago

How the taxable income from salary computed under ‘Income Tax’?

Answers

Answered by babushall
9

income received by an employee is categorized into 4 categories I.e basic pay,allowances, perks,and profits in lieu of salary.

it is not possible to explain In detail here ...

I suggest u to buy Sri Hamsrala Publications's books taxation 1

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