Salary Income
Salary Income
- How are employment perquisites taxed under the Income Tax Act, 1961?
- Should I include the tax amount on non-cash perquisites provided by my employer in my taxable income?
- If I work in India as an employee of a multinational company and receive my salary outside India, am I required to pay taxes on this income in India?
- As a government employee working outside India on official duties, would the salary I receive in India be subject to taxation as income from salary?
- Is it possible to report loss under the head "Income from Salaries"?
- I have incurred capital loss on sale of property / shares during the year. Should I inform my employer about this so that my salary income will be reduced when calculating the total taxable income, considering the capital loss?
- If I have loss under the head "Short Term Capital Gains" during the year, can I set off such losses against Income under the head Salaries?
- If I have loss under the head "Long Term Capital Gains" during the year, can I set off such losses against Income under the head Salaries?
- If I have loss under the head "Income from House Property" during the year, can I set off such losses against Income under the head Salaries?
- If I have loss under the head "Income from business and profession" during the year, can I set off such losses against Income under the head Salaries?
- Does my employer have to deduct income tax (TDS) from my salary?
- In addition to my salary, I also have other income that is not tax free. Do I need to tell my employer about this in order to deduct taxes?
- How can I explain to my employer the advantages of Section 89 and the resulting reduction in TDS rate in a simple way?
- How do I notify my employer of my estimated tax liability for a specific year?
- What if I don't give my PAN to my employer for TDS deduction?
- I accidentally gave my employer's deductor the incorrect PAN. What are the consequences?