In which of the following situation, Salary will not be taxable:
A. If there is part-time employment
B. If employee foregoes his salary
C. If employee surrenders his salary to the Central Government under specific scheme
D. If salary is paid by the employer tax- free
Answer:C
In which of the following situation, Salary will not be taxable:
A. If there is part-time employment B. If employee foregoes his salary C. If employee surrenders his salary to the Central Government under specific scheme D. If salary is paid by the employer tax- free