Forums

salary & exemption in gst

Direct Taxation

1) salary employer paid tax on employee salary what will be the treatment ? 2) gst exemption services provided to charitable trust = import of service = when is it exempt and when taxable ?


Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

710

02-May-24 20:02

90

Answers (6)

1.If employer pays employee's professional tax then add it to salary and deduct it. 2.if your input is taxable then so is the output and vice versa


AK SPEC VIDS

AK SPEC VIDS

CA Inter

6K+

03-May-24 15:24

If employer pays then it is added to gross salary and then deduction is claimed. It is exempt only when it is not for business purpose.


Shiva Teja

Shiva Teja

Faculty

06-May-24 14:25

Shiva Teja Faculty

If employer pays then it is added to gross salary and then deduction is claimed. It is exempt only when it is not for business purpose.

but charitable entity is not related with business always ?


Thread Starter

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

710

07-May-24 13:57

Thread Starter

Sushmita Chowdhury

but charitable entity is not related with business always ?

Then it would not be taxable.


Shiva Teja

Shiva Teja

Faculty

08-May-24 16:17

Shiva Teja Faculty

Then it would not be taxable.

Mat says otherwise

IMG_0505.jpeg

Thread Starter

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

710

09-May-24 11:40

Thread Starter

Sushmita Chowdhury

Mat says otherwise

That’s right. Generally service to charitable trust is taxable but there are separate exemptions given right. So refer them also


Shiva Teja

Shiva Teja

Faculty

09-May-24 11:54

May15 | 15% Off on ALL Courses
CFA Webinar | Register Now
All about CA Articleship