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FBT on bonus

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(Querist)
07 August 2007 Is there any FBT on Bonus paid to employee?
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CA Mani

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CA Mani (Expert)
08 August 2007 Bonus paid is considered under Income from Salaries.

So, It'll not fall under FBT.
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Sanjeev Kumar Varshney

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Sanjeev Kumar Varshney (Expert)
08 August 2007 Bonus will be treated as Salary and taxable in the hand of employee, so not liable to FBT.
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CA. GOPAL SONIKA

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CA. GOPAL SONIKA (Expert)
17 March 2008 no

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