Incentives pay in other mode of payment
This query is : Resolved
30 October 2020
One Company is giving gifts or gifts voucher or any mode of payment instead off paying sale incentive to employees.
Whether this payment attracts tds deduction liability ? Further, under which section tds liability arises ? Can you give me reply for the same ?
Thanks in advance....
Whether this payment attracts tds deduction liability ? Further, under which section tds liability arises ? Can you give me reply for the same ?
Thanks in advance....
30 October 2020
Such gifts upto 5000 in a year is exempt. TDS applicable under salary head of it exceeds exemption limit.
30 October 2020
Such gifts upto 5000 in a year is exempt. TDS applicable under salary head of it exceeds exemption limit.
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