unpaid bonus


This query is : Resolved 

03 January 2009 what is the treatment of unpaid bonus/unpaid salary.under which act or section it is covered.what are the consequencies in case of failure to comply with the procedure and finally what is the treatment incase civil cases are pending regarding this

03 January 2009 It should be treated as Income and tax on the same has to be charged depending on the type of Assesse.

04 January 2009 i m not asking about the treatment of unpaid bonus/unpaid salary in incometax act rather i m asking where this fund shud be transferd like in case of unclaimed dividend,where we transfer this fund in Investor protection account after 7 year


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