03-04-2011, 04:42 PM
Can anyone comment on this 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 />Does income from services u/s 153b treated as a seperate block of income ?
If yes, then why? Because services income u/s 153b has been excluded from FTR regime and now comes under NTR regime.
Does the income from service income u/s 153b needs to be added into salary income to calculate new taxable salary and be taxed at new tax slab?
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<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 />Does income from services u/s 153b treated as a seperate block of income ?
If yes, then why? Because services income u/s 153b has been excluded from FTR regime and now comes under NTR regime.
Does the income from service income u/s 153b needs to be added into salary income to calculate new taxable salary and be taxed at new tax slab?
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