Hello,
A Salesman receives Salary from his employer. Apart from this, he also receives incentives. Are these incentives fuly taxable? Is there any exemption in this regard under 'Income from Salary'?
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Sales incentives: taxable?
Replies (3)
if he receives incentive then this incentive will be taxable under head business or profession OR other sources.
I'm pretty sure this will taxable under 'Salary' since the person is an 'employee'. Can you please confirm?
Incentives earned by an employee shall be a part of salary and therefore,fully taxable under the head salary and there is no exemption.
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