Tax planning
This query is : Resolved
saloniasawa
(Querist)
02 July 2015
if any salary person is belong to 30% slab rate & he receive bonus of 200000 than 60000 deduct as tax.is there any tax planning to save this 60000.
CA Mohit Bansal
(Expert)
02 July 2015
No, bonus is fully taxable under IT and hence there is no exemption available for the same
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