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TMI BlogDo I need to pay income tax extra for the part time moneyX X X X Extracts X X X X X X X X Extracts X X X X ..... I am a salaried employee. The employer pays tax for me what ever the salary is credited. I also earn money through part time and will get nearly 5 lakhs extra income. Do I need to pay extra tax for th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at part time. This year my earnings Salary I got is 4.5 lakhs per annum Part time job upto now earned is 5 lakhs per anum ( increased may be by March 2017) Do I need to pay income tax for the part ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time job earned. If so how I have to pay income tax Can you guide me - Reply By MARIAPPAN GOVINDARAJAN - The Reply = You have to club both the income of your salary and part time earnings and calcu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... late the tax rate. If any expenditure is incurred for your part time you may deduct the same from your earnings. After calculation of total tax, you may deduct the tax deducted by your employer an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d pay the balance tax. - Reply By Ganeshan Kalyani - The Reply = Also you need to consider the deduction available under Section 80 of Income Tax Act. - Do I need to pay income tax extra for t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he part time money - Query Started By: - Leela Narasimha Dated:- 14-11-2016 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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