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Income Tax applicability on Joining Bonus

This query is : Resolved 
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(Querist)
27 November 2008 My Company is giving Joining Bonus to particular employee for joining the Company. Will it be taxable in the hands of employee, who receives this ?
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K V Subba Rao

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K V Subba Rao (Expert)
27 November 2008 Yes, undoubtedly

Anyway, may I know the name of the great Company which is giving Joining Bonus and for which categories of employees
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Amit Dhanurdhari

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Amit Dhanurdhari (Expert)
27 November 2008 I am also interested in the name of the company. Request to disclose.....
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CA Chaitanya

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CA Chaitanya (Expert)
27 November 2008 It is taxable as salary.
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