bonus act applicable in 2nd accounting year?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 February 2011
hi is it necessary for a limited co. to give bonus to its employees according to bonus Act?
even if the co. is in its 2nd accounting year?
Pls do confirm, i hv read sumwhere its only after 5 years. is it so? pls clarify.
i m not able to understand from the act.
Thanks.
even if the co. is in its 2nd accounting year?
Pls do confirm, i hv read sumwhere its only after 5 years. is it so? pls clarify.
i m not able to understand from the act.
Thanks.
03 February 2011
Bonus is applicable since 1st year. Only payment is made after completion of Financial year.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- 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?
Trending Online Classes
CAclubindia
