08 October 2010
Dear sirs, Following are some Queries related to Bonus Calculation and payments:- 1.what is the minimum and Maximum ceiling limit of salry for Bonus purpose for Calculating Bonus FY 2009-10 to be paid in 2010-11? 2. if any employee getting 20000 PM salary then he is eligible to get Bonus,then how much maximum Bonus to be paid to him please calculate.
12 October 2010
first of all thanks for solving my query
what will be the effect as per income Tax law if any employer is paying bonus to his employees having limit above than 10000 pm paying to employees bonus more than the limit of 10000 will be allowed as bonus exp. or not in accounts books
CAclubindia
