Taxes on Salary Employee
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....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 ....
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....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....
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....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....
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.... 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....
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....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....
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....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 ....