03-04-2011, 04:32 PM
can anyone help resolve the issue?
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />Will the service income u/s 153b added with Salary income to calculate the new taxable income with new tax slab or will both the incomes kept separate?
As per the Financial Act 2009, service income u/s 153b does not come under Final Tax Regime, which means that it needs to be added with our other incomes like salary income.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />Will the service income u/s 153b added with Salary income to calculate the new taxable income with new tax slab or will both the incomes kept separate?
As per the Financial Act 2009, service income u/s 153b does not come under Final Tax Regime, which means that it needs to be added with our other incomes like salary income.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
