Section 15 — Salaries (Charging Section)
Section 15 Income Tax Act: when is salary taxable? Due vs receipt basis explained for CA Inter — covers advance salary, arrears & exam-ready
Paper 3 — Taxation · Chapter
Income from Salary
Sections 15–17 of Income Tax Act — charge of salary, standard deduction, profession tax, perquisites, allowances and provident fund taxation. One of the most-tested heads, expect 10–12 marks.
3 microlessons in this chapter
Read each in 5 minutes. Each has worked examples + the bare-Act text for reference.
All lessons
1
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2
Section 16 — Deductions from Salaries (Standard Deduction, Prof Tax)
Section 16 Income Tax Act: Standard deduction ₹50,000, entertainment allowance (govt employees), and professional tax deductions explained f
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3
Section 17 — Salary, Perquisite & Profits in Lieu of Salary
Section 17 Income Tax Act: Learn what counts as Salary, Perquisite & Profits in lieu of Salary for CA Inter exams — with examples, threshold
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