Tds on bonus

Himanshu Sharma (Subject Matter expert) (258 Points)

31 March 2015  

Hi Experts,

For Financial Year 2014-2015 my bonus is due, which will be paid in the month of April along with monthly salary.

In begining of every financial year we do tax declaration. I want to know whether my bonus will get added to salary received from Apr-14 to Mar-15 and tax will be levied or company will club this bonus as part of FY 15-16 receipt and check if it comes under tax slabs.

Thanks,

Himanshu Sharma