Taxes on Salary Employee

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..... Taxes on Salary Employee
Query (Issue) Started By: - Pawan Kumar Dated:- 18-5-2017 Last Reply Date:- 27-5-2017 Income Tax
Got 1 Reply
Income Tax
Dear Experts, Hope you all are well! Ram .....

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..... is an employee of some ABC Pvt. Ltd. company. He is highly paid but the work given to him is too much, so he has decided to recruit 2 employees under him at different Rented location. He will be payi .....

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..... ng directly to these 2 employees, this has got nothing to do with ABC Pvt. Ltd. This will now reduce his work. The new location is on rent and he is paying 20k a month for it. Now the question is tha .....

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..... t if he was just and employee, only Income Tax was applicable. But now as he has further 2 employees under him, pls confirm what further taxes will be applicable? If still there is only Income Tax ap .....

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..... plicable than will his employees salary and Rent of the location will be deducted from his annual salary and on the balance amount, Income Tax will be applicable? Pls, advice. Thanks. Reply By MARIA .....

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..... PPAN GOVINDARAJAN: The Reply: The tax will be levied on the total income paid to Sri Ram. No deduction for engaging two persons will not be allowed.
Discussion Forum - Knowledge Sharing .....

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