Bonus

TDS / TCS 611 views 2 replies

Dear Sir,

If a employyes has received bonus of Rs.14400/- as per salary latter it will be taxable and what will be the expemtion under saction10. and performance incentive  are given Rs.30000/- but its the depand on performance then how will tax sheet will be prepared,this incentive will be fully taxable or not.

Rahul Rana 

Replies (2)

 Bonus, incentives, commissions are taxable incomes. they are includibe in the heads salary itself. Hence u cannot get exemption from tax

Can any one help me with the limit up to which companys can issue sodexho. Is it taxable. what is the limit.


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