Only Salary after “ deduction of notice ” pay is taxable

By | April 29, 2017
(Last Updated On: April 29, 2017)

No income tax on salary: The Ahmedabad Bench of the Income-tax Appellate Tribunal held that only the actual salary received by the individual taxpayer following a “deduction of notice” pay by the employer is taxable. The case is: Nandinho Rebello. Read an April 2017 report [PDF 590 KB] of KPMG

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