Bonus
This query is : Resolved
26 June 2012
Dear sir,
One employee has joined in our company on 06-jun-12, we are giving bonus to all employes for one year in 2 installments( 6 months one amount)for this one installment will pay on nov-12 and another installment will be pay on june-13. my question is this bonus will consider whole amount for this this financial year (2012-13) or to take 10months bonus only for this year and remaining 2 months bonus for next
FY 2013-2014 ?
One employee has joined in our company on 06-jun-12, we are giving bonus to all employes for one year in 2 installments( 6 months one amount)for this one installment will pay on nov-12 and another installment will be pay on june-13. my question is this bonus will consider whole amount for this this financial year (2012-13) or to take 10months bonus only for this year and remaining 2 months bonus for next
FY 2013-2014 ?
27 June 2012
Proportionate bonus will be considered on the basis of declaration and payment. If the bonus is declared in 2012-2013 then the entire bonus will be consider in 2012-13 though one instalment will be paid in 2013-14.
28 June 2012
sir,
How can i take under income from salaries calculation, IF our companey declared total bonus this FY and pay half amount this FY and remaining half amount next FY.
How can i take under income from salaries calculation, IF our companey declared total bonus this FY and pay half amount this FY and remaining half amount next FY.
28 June 2012
Bonus declared and paid shall only has to be considered for the purpose of TDS on salary. Bonus declared but not paid shall not be considered.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- COP Surrender 2024
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
