Hi all,
Just had a question...Is the ceiling of 3500 pm as salary for the computation of maximum 20% bonus also applicable in Sec. 31A i.e annual bonus to be paid linked to productivity?
Thanks!
Hoping for a speedy reply from fellow CCI members,
Arpit
i think the ceiling is increased to 10000 pm as per material .. but it is 3500 pm as per munish bhandaris book .... it is applicable
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