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Chapter 3

The document outlines the taxation of salaries under various sections, focusing on chargeability, deductions, and definitions related to salary income. It emphasizes the importance of the employer-employee relationship for salary classification and details components of salary, taxability year, and implications of multiple employment. Additionally, it covers retirement benefits, tax-free salary scenarios, and distinctions between salary and business income.

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0% found this document useful (0 votes)
3 views4 pages

Chapter 3

The document outlines the taxation of salaries under various sections, focusing on chargeability, deductions, and definitions related to salary income. It emphasizes the importance of the employer-employee relationship for salary classification and details components of salary, taxability year, and implications of multiple employment. Additionally, it covers retirement benefits, tax-free salary scenarios, and distinctions between salary and business income.

Uploaded by

Sabarish
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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UNIT 1 – SALARIES

1.1 INTRODUCTION

Chargeability of Salaries (Sections 15, 16 & 17)


Income under the head “Salaries” is governed by three sections:

 Section 15 – Chargeability / Basis of Charge


• Salary due
• Salary paid or allowed (though not due)
• Arrears of salary
 Section 16 – Deductions from Salary
• Standard deduction (Sec 16(ia))
• Entertainment allowance (Sec 16(ii)) – only for Govt. employees
• Professional tax (Sec 16(iii))
 Section 17 – Meaning / Definition
• Salary – Sec 17(1)
• Perquisites – Sec 17(2)
• Profits in lieu of salary – Sec 17(3)

Employer–Employee Relationship (Master–Servant Test)


(From PDF:

Chapter 3 (Applicable for May)

Salary income arises only when employer–employee relation exists.


Key elements:

 Contract of employment
 Employer’s right to control and supervise work
 Employer’s right to dismiss
 Employer instructs what work and how to perform

Without employer–employee relationship → NOT salary


(e.g., consulting fees = business/profession income)

Example (PDF): Sujata (actress) employed in Chopra Films → monthly `2 lakhs = Salary.

Meaning & Components of Salary (Section 17(1))


Salary includes monetary + non-monetary items:

 Basic salary, wages, pay


 Dearness allowance (DA)
 Bonus, commission, fees
 Allowances (Sec 10 based exemptions apply)
 Advance salary (Sec 15)
 Arrears of salary (Sec 15 r/w Sec 89)
 Leave encashment (Sec 10(10AA))
 Gratuity (Sec 10(10))
 Pension (Sec 10(10A))
 Annuity (Sec 17(1))
 Employer’s contribution to RPF above 12% (Sec 17(1)(vii))
 Perquisites (Sec 17(2))
 Profits in lieu of salary (Sec 17(3))
 Compensation from employer/past employer (Sec 17(3))
 VRS benefits (Sec 10(10C))

All details are later covered under Section 17.

Year of Taxability – Due or Receipt Basis (Sec 15)


Salary is taxable on the earlier of:

 When due, even if not received


 When received, even if not due

Examples (PDF logic applied):

 Salary due in April but received in March → taxable in March.


 Arrears taxable in year of receipt (Sec 15) but relief may be claimed u/s 89.

Advance Salary (Sec 15)


 Taxable on receipt, even if not yet due.
 Not taxed again when it becomes due.
 Relief u/s 89 may apply.

Arrears of Salary (Sec 15 r/w Sec 89)


 Taxable when received, unless taxed earlier on due basis.
 Relief u/s 89 may be claimed.

Place of Accrual of Salary (Sec 9(1)(ii))


Salary is deemed to accrue where services are rendered.

Implications:
 Services rendered in India → taxable in India, even if:
• Employer is foreign
• Salary paid abroad

Residential Status & Taxability


 Resident: Global salary taxable (Sec 5).
 Non-Resident: Only salary for services rendered in India (Sec 5 r/w Sec 9).
 Government salary abroad – allowances exempt (Sec 10(7)).

Dual Employment / Multiple Employers


If employee works for multiple employers:

 Salary from all employers is taxable (Sec 15).


 Employee must disclose previous salary to current employer u/s 192(2).

Voluntary / Gratuitous Payments from Employer (Sec 17(1)/17(3))


 Voluntary payments from employer / ex-employer → taxable unless exempt.
 If linked to employment → salary or profits in lieu of salary.

Pension (Sec 17(1), Sec 10(10A))


 Uncommuted pension → fully taxable.
 Commuted pension:
• Govt. employees → fully exempt (Sec 10(10A)(i))
• Non-govt employees → partly exempt under Sec 10(10A)(ii)

Tax-Free Salary (Employer Paying Tax) – Sec 17(2)(iv)


If employer pays income tax on behalf of employee:

 It becomes a taxable perquisite.


 Salary becomes tax-free only nominally; tax paid is added back.

Surrender / Foregoing of Salary


 Surrender after salary becomes due → taxable (Sec 15).
 Surrender before due → not taxable.
 Surrender under Voluntary Surrender of Salaries Act, 1961 → exempt.
Payments from Third Parties
Taxable only if linked to employment (Section 17 principles):

 Tips distributed by employer → salary


 Tips paid directly by customers → not salary (but may be IFOS)

Retirement Benefits (Overview)


Covered under various sections:

 Gratuity – Sec 10(10)


 Pension – Sec 10(10A)
 Leave encashment – Sec 10(10AA)
 VRS compensation – Sec 10(10C)
 Retrenchment – Sec 10(10B)

“Salary” for PF / HRA / Gratuity Purposes (Sec 17 Usage)


Meaning of salary differs based on provision:

 PF (RPF) → Basic + DA (retirement forming part) + turnover commission


 Gratuity → Based on last drawn salary or average salary (Sec 10(10))
 Leave encashment → Average salary of last 10 months (Sec 10(10AA))
 HRA → Sec 10(13A) rules use salary = Basic + DA (forming part)

Salary vs Business Income (Contract of Service vs Contract for


Service)
 Contract of service → employee → salary
 Contract for service → professional/consultant → PGBP / IFOS

Judicial Principles (as per PDF text)


 Employer–employee relationship is essential for assessing salary.
 Voluntary employer payments linked to employment → taxable.
 Foreign salary for services in India → taxable in India.
 Tips paid directly by customers → IFOS; not salary.

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