banner_ad

Bonus payment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 February 2012 Dear Sir,

Bonus of FY 10-11 was made provision as on 31-3-2011. ITR for FY 10-11 was filed on 30.8.2011. Bonus of FY 2010/11 (which was provided in balance sheet of FY 2010/11) was paid on 01.11.2011.

At the time of assessment of FY 10/11, will this payment be disallowed by Income Tax, as it is paid after the filing of ITR of FY 10/11 ? ?

Pl. let me know the exact rule of income tax for various provisions ( such as PF/ESIC/Tel. Bill / Light Bills / Bonus ) made on 31/3. WHEN THEY SHOULD BE PAID ?? BEFORE FILING OF itr ?

PL. PROVIDE RELEVANT SECTION.

Thanks
anckoora
Profile Image

CA. Hari Kishan

Profile Image

CA. Hari Kishan (Expert)
11 February 2012 All the employee dues and payments shall be required to be paid before the due date of filing the return of income.. please refer to section 43B of the income tax act.. for more details
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details