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Thursday 17 May 2018

Income Tax: Treatment of Income under the head Salaries [As amended by Finance Act, 2018]

Income Tax: Treatment of Income under the head Salaries [As amended by Finance Act, 2018]: Income Tax: Treatment of Income under the head Salaries [As amended by Finance Act, 2018] Treatment of Income from Different Sources I. Income under the head Salaries 1.1 Salary is defined to include: a) Wages b) Annuity c) Pension d) Gratuity

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