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Is bonus chargeble?? (Income Tax)

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This query is : Open

Author : Anonymous

( Author )
09 November 2011

 Whether one salary bonus recd at the time of Bonus, is chargeble to tax or it will be covered under ex gratia payment and wont be chargeble to tax??


CA PARAS BAFNA

( Expert )
09 November 2011

 Bonus is chargeable to Tax as it is covered under the definition of Salary.


Author : Anonymous

( Author )
09 November 2011

 thanks.....



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