Incentive

This query is : Resolved 

07 April 2010 Incentive should take for calculation of Income from salary provision basis or paid basis. Incentive for the month of March'10 paid on April'10, so it should take on F.Y.09-10 of F.Y.10-11.

07 April 2010 Incentive related to MARCH 201o will be taxable in FY 2009-10. It will be taxable due basis , not on paid basic like salary.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us
OR add as source on Google news


Answer Query