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Tax for incentives

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(Querist)
27 January 2014 Sir

Is the incentives paid to employees taxable under the Income tax Act. If so at what rate?

Thanks
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@VaibhavJ

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@VaibhavJ (Expert)
27 January 2014 Hi

Yes, it is taxable. It should be taxed @ normal rate at which salary is taxed.

Thanks

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