FBT on bonus

This query is : Resolved 

07 August 2007 Is there any FBT on Bonus paid to employee?

08 August 2007 Bonus paid is considered under Income from Salaries.

So, It'll not fall under FBT.

08 August 2007 Bonus will be treated as Salary and taxable in the hand of employee, so not liable to FBT.



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