Income from Salary under the Income Tax Act, Section 17(1) | FY 2025-26| AY 2026-27 | ..
Section 17(1) – Definition of Salary under the Income Tax Act As per income tax act 1961, the definition of salary also includes various other forms of payments offered by the employer to the employee. What is a Salary under Section 17(1)? Under Section 17(1), the term “salary” includes any payment received by an employee…