Moonlighting employees under tax scanner

The income-tax department has sent notices to many professionals who have earned income outside their regular salary but did not declare in their tax returns. Most of the notices issued were for financial years 2019-2020 and 2020-2021, people familiar with the matter told ET.

Advertisements

In a number of cases, the income from the so-called moonlighting, or job outside full-time employment, was higher than the regular salary.

Read more at: The Economic Times

Share this content:

Leave a Reply

Your email address will not be published. Required fields are marked *