query on bounus taxability
This query is : Resolved
19 March 2009
hi,
i have a query.
if a employee get a bonus on 31st march then what is the taxability and same when the bonous is recieved in April.
i have a little confusionin both cases,
Regads
Anil Meena
i have a query.
if a employee get a bonus on 31st march then what is the taxability and same when the bonous is recieved in April.
i have a little confusionin both cases,
Regads
Anil Meena
22 March 2009
Bonus is taxable on due or receipt basis which ever is earlier
23 March 2009
Thnx for confirmation
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