Bonus Payment
This query is : Resolved
12 March 2008
Bonus is Taxable in the hands of Employees on Receipt basis or Accrual Basis
12 March 2008
rect basis ...
12 March 2008
Can you send any documentary proof
12 March 2008
What kind of documentary proof u need. Refer to any Income tax book.
12 March 2008
Bonus is Taxable under the Head Income from Salaries for the Employees.
Bonus is taxable on receipt basis if it is not taxed on due basis earlier.
Bonus is taxable on receipt basis if it is not taxed on due basis earlier.
12 March 2008
No it is taxable on due basis. In Salary head except arrears all expenses taxable on due or received w.e. earlier
12 March 2008
BONUS WILL BE TAXABLE ON DUE OR RECEIVED BASIS WHICH IS EARLIER.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- E way bill for tractors
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Specified Profession
- Suggestions required for income tax filing-software (FY 2025-26)
- TAN for Partnership
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
