Just a moment...

Top
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Taxes on Salary Employee

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....axes on Salary Employee<br> Query (Issue) Started By: - Pawan Kumar Dated:- 18-5-2017 Last Reply Date:- 27-5-2017 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Experts, Hope you all are well! Ram ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....is an employee of some ABC Pvt. Ltd. company. He is highly paid but the work given to him is too much, so he has decided to recruit 2 employees under him at different Rented location. He will be payin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....g directly to these 2 employees, this has got nothing to do with ABC Pvt. Ltd. This will now reduce his work. The new location is on rent and he is paying 20k a month for it. Now the question is that....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... if he was just and employee, only Income Tax was applicable. But now as he has further 2 employees under him, pls confirm what further taxes will be applicable? If still there is only Income Tax app....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....licable than will his employees salary and Rent of the location will be deducted from his annual salary and on the balance amount, Income Tax will be applicable? Pls, advice. Thanks. Reply By MARIAP....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....PAN GOVINDARAJAN: The Reply: The tax will be levied on the total income paid to Sri Ram. No deduction for engaging two persons will not be allowed.<br> Discussion Forum - Knowledge Sharing ....