Definition of salary/wages under The Payment Of Bonus Act
This query is : Resolved
08 November 2007
Dear Sirs,
I am despretly looking for interpretation of defition of salary/wages under The Payment Of Bonus Act which should be supported by legal decisions.Whether definition includes following-
-House Rent Allowance
-Special Allowance
-Conveyance Allowance
-Personal Allowance
If any one can give the interpretation of definition supported by legal decisions of any high court or suprem court by tomorrow i shall be obliged for him.You can mail me on ca_nagendra@yahoo.co.in
I am despretly looking for interpretation of defition of salary/wages under The Payment Of Bonus Act which should be supported by legal decisions.Whether definition includes following-
-House Rent Allowance
-Special Allowance
-Conveyance Allowance
-Personal Allowance
If any one can give the interpretation of definition supported by legal decisions of any high court or suprem court by tomorrow i shall be obliged for him.You can mail me on ca_nagendra@yahoo.co.in
08 November 2007
I will mail you on Monday as I am having the legal interpretatiion of it at my classes. If possible I will try to get it tommorrow. Happy Diwali.
09 November 2007
sec 2(21) 0f Bouns act -
Remuneration in respect of work done.
if the terms of employment (whether express or implied) were fulfilled.
Salary and wages includes :
a) Dearness allowance (ie all cash payments by whatever name called, paid to an employee on account of a rise in the cost of living)
b) Food allwance or the value of free food given by the employer in lieu of salary.
Salary and wages not include:
1) Allowances
2) Commission
3) Bouns
4) Travelling concession
5) Ex-gratia payment
6) Retrenchment compensation, gratuity or other retirement benefits.
7) Any amenity, service, or concessional supply of food grains or other articles
8) Employer's contribution to PF or other pension fund
9) Remuneration in respect of overtime work.
Remuneration in respect of work done.
if the terms of employment (whether express or implied) were fulfilled.
Salary and wages includes :
a) Dearness allowance (ie all cash payments by whatever name called, paid to an employee on account of a rise in the cost of living)
b) Food allwance or the value of free food given by the employer in lieu of salary.
Salary and wages not include:
1) Allowances
2) Commission
3) Bouns
4) Travelling concession
5) Ex-gratia payment
6) Retrenchment compensation, gratuity or other retirement benefits.
7) Any amenity, service, or concessional supply of food grains or other articles
8) Employer's contribution to PF or other pension fund
9) Remuneration in respect of overtime work.
Message likes :
1 times
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?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
Trending Online Classes
CAclubindia
