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hi i want to know that what r all the component which r
applicable for tax in salary,whether it is payable or
reimbursement
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Answer Posted / vijaya kumar
Basic, all allowances, perquisites, bonus, commmission, and
other monitory or non-monitory benefits given by the
employer in addition to the above mentioned benefits are
the components of salary for Income tax purpose. The second
part is not clear, but the amount received by the assessee
as salary a part of is only taxable.
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