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Commision given to employee in prop. ship firm

This query is : Resolved 
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(Querist)
31 March 2012 Dear Sir,

Can we give commission in year end i.e. 31.03.2012 for Rs. 4,00,000/- to a employee who is a son of prop in a prop. ship firm.

We are already providing salary to his son for Rs. 30,000.00 P.M.

Please clarify.

Regards
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HUZAIFA HUSSAIN

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HUZAIFA HUSSAIN (Expert)
01 April 2012 YES, REASONABLE COMMISSION CAN BE GIVEN AFTER DEDUCTION OF TAX AT SOURCE.
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
01 April 2012 PL BE READY FOR INVOKING OF SECTION 40A(2) AO MAY DISALLOW THE COMM INVOKING THAT SECTION
CA MANOJ GUPTA
JODHPUR
09828510543
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