When an employee receives some money for a silver jubilee celebration of a company taxable under the head income from salaries?(is it a bonus?)
Menu
amount received on silver jublee celebration.
Replies (2)
i think it`s taxable under the head income from other sources because money received by the employee has no any link with the business . hence it`s taxable under other sources. you asked that can we assumed it the type of bonus ?
no, because bons is payble to all of employies . in given case amount received by a person on his
personal occasion.
If an uniform amount is paid to every employee? then?
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
