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Sales Incentives Considered As Salary

This query is : Resolved 

11 August 2023 Hi
As per our quarterly performance our company is paying sales incentives. However this incentive is getting calculated as part of salary every month it gets credited. This is increasing my overall tax calculation.

I wanted to know if this is the right way. Because when payment are made to Chanel partner TDS of 5% is deducted for those payouts. Can’t the same happen for us . Please give the right way to approach this.

11 August 2023 Whether your TDS is deducted at slab rate or at 5% flat rate, overall it doesn't make difference, as while filing ITR the aggregate income will be taxed at slab rate only.

10 September 2024 Good Luck.


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