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Is bonus chargeble??

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Querist : Anonymous

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Querist : Anonymous (Querist)
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??
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
09 November 2011 Bonus is chargeable to Tax as it is covered under the definition of Salary.
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 November 2011 thanks.....
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