INCOME TAX
This query is : Resolved
05 August 2010
Can Bonus provision trated as expenses specified under section 43(b)?
Deduction allowed on actual payment?
Deduction allowed on actual payment?
05 August 2010
under sec 43(b), bonous is only allowed on payment bases....
05 August 2010
Bonus is a Section 43B item allowable on payment of bonus only.
05 August 2010
yup i aggree with aditya,,,its 43B
05 August 2010
Yes..deduction allowed only on actual payment as per Sec 43B.
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