Performance based incentive

i think it will charge under section 28, performance based incentives are taxable... and TDS will be based on is nature...

rectify if i am wrong...

yes it is taxable

I think it is TAXABLE Under head INCOME FROM SALARIES,U/s 17(2) as PERQUISITE,as any

other benfit or amenity or any privilege provided by EMPLOYER to Employee Under Arms length Transaction being at market value as reduced by employees contribution .

IF ANY WRONG IN MY ANSWER PLZ RECTIFY n INTIMATE THE SAME TO ME.