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Computation of Income Under Head 'Salaries'

  1. Salaries

    1. What is "Gross Salary" and how it is computed

    2. What is "Net Salary Income" according to Income-Tax Act.

    3. Allowance

      1. The amount of Exemption is Amount of Expenditure incurred in case of Special Allowance.

      2. House Rent Allowance

    4. Perquisites & Income Tax (Taxable and Exempted)

    5. Profit in lieu of Salary

    6. Amount of Exemption is Amount specified in the Income Tax Rules.

      1. Children Education Allowance & Hostel Allowance

      2. Leave Travel Concession (LTC)

      3. Leave Encashment

      4. Arrear of Salary

      5. Pension

      6. Gratuity

      7. Retrenchment Compensation

      8. Entertainment Allowance

      9. Rent Free House

    7. Deduction u/s 80C – How to find out

    8. Chat Showing- Computation of 'Salary' income
Allowances Under Section-17(3) under Head 'Salary' Income
Chart Showing Computation of 'Salary' Income
Computation of 'Gross Salary' Income
Computation of 'Net Salary' Income :
Deduction Under Section 80 C ( How to Find Out)
Exemption Specified in Income Tax Rules in 'Salary' Income
'Perquisies' and 'Income Tax - ( Taxable and Exempted) - Salary :
Computation of 'Profit in Lieu of Salary' (Sec-17(3)
Computation of Income Under Head 'Salaries' under Income Tax

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