computation of income under the head salary

An income can be taxed under the head salaries only if there is relationship of employer-employee between the payer and payee. In which of the following cases, such relationship would be deemed to exist ?

In which of the following cases, income of payee would be taxable under the head “Salaries”?

What would be the taxability of salary surrendered by employee to Central Government for the help of earthquake victims ?

In which of the following cases, salary would be deemed to accrue or arise in India ?

When salary is received outside India by Indian Government employee, who is a ___________ then such salary shall be deemed to accrue or arise in India ?

Suman, a Government employee has rendered services in India and retired in 2011. He then shifted and settled in Singapore. The pension received by him for such services would be

Sumit receives net salary of Rs.5,00,000 from his employer o which TDS amounting Rs.50,000 is borne by employer. In such case, income taxable under the head “Salary” would be ?

Select the correct statement from the following ?

Mr.A joins the service on 01.04.2014 in the grade of Rs.12,000-5,00-13,000-1,000-15,000. Compute his monthly basic salary for an AY 2019-20

Mr.B joins the service on 1.4.2015 in the grade of Rs.9,000-500-10,000-1,000-13,000. He has joined the service at salary of Rs.10,000. Compute his monthly basic salary for the AY 2019-20

Salary of C was due in PY 2017-18. However, it was received in PY 2018-19. Such salary shall be chargeable to tax in the PY

Salary of an employee would be due in Py 2018-19. However, it was received in advance during PY 2017-18. Such salary shall be chargeable to tax in the PY

Mr.Ram is a Government employee. He received Rs.90,000 in FY 2018-19 due to implementation of 7th pay commission. Such compensation was computed with retrospective effect from January 1, 2016. In such case the compensation would be taxable in the FY

Select the correct statement from the following ?

Sanam. a partner in firm Chaman & Co. received salary and bonus from the partnership firm. Such income would be taxable as

Mr. Aashish  is getting salary of Rs.10,000 per month. His salary is due on last day of every month. Salary of March, 2019 was paid on April 7, 2019. Compute his taxable salary income for the PY 2018-19

Mr.Sahil is getting salary of Rs.20,000 per month. His salary is due on first day of next month. Salary of March, 2018 was paid on April 10, 2018. Compute his taxable salary income for the PY 2017-18.

Which of the following are chargeable to tax under the head Salaries ?

Sohan was working for an Indian company, but was posted abroad at a client place where he rendered his services for half of the year. The remaining services were rendered in India. If he draws the total remuneration of Rs.50,00,000, then “Income taxable under the head Salaries” in India would be

Rohan was working for a US company, but was posted in India at a client place where he rendered his services. If he draws the total remuneration of Rs.50,00,000 then. “Income taxable under the head Salaries” in India would be

Mr.Sahil is getting salary of Rs.20,000 per month. Apart from his normal salary which becomes due on last day of the month, he has also received advance salary of one month of Rs. 20,000 during PY 2018-19. Compute his taxable salary income for the PY 2018-19 ?

Which of the following shall be included in taxable salary ?

Which of the following shall be included in taxable salary ?

Bonus is taxable on

XY India Limited wants to terminate services of Mr.Gagan. As per the terms of employment, Mr. Gagan can be removed by giving three month’s notice. XY India removed Mr. Gagan with immediate effect from March 1, 2019 by giving him three months salary of Rs.3,00,000. Such salary would be taxable

Which of the following allowances would be exempt from tax u/s 10 ?

Mr. Rajnish is entitled to a gross salary of Rs.30,000 per month and commission of 5% of net profit of the company amounting Rs.1,00,000 during the year. Calculate income taxable in the hands of Rajnish, without any deductions ?

Mr. Manish  is entitled to a basic salary of Rs.20,000 per month and dearness allowance of Rs.10,000 per month. He is getting HRA of Rs.30,000 per month. He is paying rent of Rs.23,000 per month of house in Mumbai. Calculate amount of HRA exempt u/s 10(13A) ?

Mr.Manish entitled to  basic salary of Rs.20,000 per month and dearness allowance of Rs.10,000 per month. He is getting HRA of Rs.30,000 per month. He is paying rent of Rs.15,000 per month for house in Dehradun. Calculate amount  of HRA exempt u/s 10(13A) ?

Mr. Aman entitled to a basic salary of Rs.20,000 per month and dearness allowance of Rs.10,000 per month. He is getting HRA of Rs.30,000 per month. He paid rent of Rs.15,000 per month for house in Dehradun upto 30.09.2018 and Rs.20,000 per month thereafter. Calculate amount of HRA exempt u/s 10(13A) ?

Which of the following allowances would be exempt from tax u/s 10 ?

What is the ceiling for exemption of children education allowance ?

Mr.Kalpesh has three children and he has received children education allowance of Rs. 500 per month. Calculate the amount of exemption u/s 10 ?

Mr.Chiran has one-child and he has received children education allowance of Rs.300 per month. Calculate the amount of exemption u/s 10 ?

What is the ceiling for exemption of hostel expenditure allowance ?

Mr.Ramesh has one-child and he has received hostel expenditure allowance of Rs.400 per month. Calculate the amount of exemption u/s 10 ?

What is the ceiling for exemption of tribal area allowance ?

What is the ceiling for exemption of compensatory field area allowance ?

A met with an accident and lost his eyesight. He has received a transport allowance of Rs.3,500 per month. The amount of exempt would be ?

In which of the following cases, transport allowance is exempt up to Rs. 3,200 per month ?

What is the ceiling for exemption of underground allowance ?

What is the ceiling for exemption of special compensatory highly active field area allowance granted to members or armed forces ?

Major Batra is in armed forces in Andaman & Nicobar and receives an island allowance of Rs.4,000 per month. The exempt amount would be ?

Mr.Rajnish is working in a transportation system and in order to meet his expenditure during the course of such transport he is entitled to an allowance of Rs.15,000 per month. The amount of allowance exempt from tax would be ?

Who is eligible to claim deduction of entertainment allowance ?

Mr.Jignesh has received basic salary of Rs.30,000 per month (excluding any allowances or perquisites). He has received entertainment allowance of Rs.8,000 per month. Calculate the amount of exemption u/s 10 on entertainment allowance ?

Which of the following allowances are fully taxable ?

Which of the following allowances are exempt from tax ?

What is the exemption mechanism for children education allowance, hostel expenditure allowance, transport allowance, etc. ?

An employee receives children education allowance of rs.1,000 per month per child for 3 children. Calculate the limit of exemption u/s 10 ?

Select the correct statement from the following in case of entertainment allowance.

Mr.Lokesh is working with the Central Government and is getting basic salary of Rs.10,000 per month and an entertainment allowance of Rs.500 per month. Calculate the deduction of entertainment allowance u/s 16 ?

Mr.Jim is getting basic salary of Rs.10,000 per month and an entertainment allowance of Rs.500 per month. He has spent entertainment allowance of Rs.600 per month. Calculate the deduction of entertainment allowance u/s 16, assuming he is working with the Central Government.

Mr. Kim is getting basic salary of Rs.10,000 per month and an entertainment allowance of Rs.500 per month. He has spent entertainment allowance of Rs.400 per month. Calculate the deduction of entertainment allowance u/s 16.

Perquisites are the benefits or amenities in ____________ provided by employer to employee.

Which of the following shall be included in the definition of perquisite ?

Which of the following would be deemed as perquisite for all employees ?

Which of the following would be deemed as perquisite for specified employees ?

When would an employee be considered as specified employee for taxability of perquisites ?

Alena received certain annuity amount from XYZ Limited, where she worked up to 31.3.2018 in FY 2018-19. Such annuity received from the former employer would be

When annuity is received from present employer, then it is

The amount paid by employer as salary in lieu of notice period is

Payment made by employer to employee for working beyond office house is _______ “Gross Salary”