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Incentive paid to employees by employer
Incentive paid to employees by employer is salary income or commission income and TDs liable under which section
Replies (7)
It will be salary income and TDS will be applicable as per sec 192.
Incentive is taxable under the head salaries and provisions of TDS as per section 192
Any amount paid to employee by employer will be treated as part of salary and TDS is applicable under section 192.
TDS should be deducted u/s 192
It is a form of salary only
One of client company providing reimbursement for Covid vaccination and providing 10K yearly as a part of zym reimbursement on submission of bill.
will they both taxable in hands of employee or not ? if yes or no please quote the reason
will they both taxable in hands of employee or not ? if yes or no please quote the reason
Pls refer section 17
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