I have 2 queries, regarding if Employer given Gift i.e. one month Salary Chq (Rs.45000/-) to his one employee on his Marriage i need following clarification: 1) This amt received by Employee will be treat as income and need to be add in his computation of income or this will be exempt under any section ? 2) This amt given by Employer will be book under P& L Expense a/c and is there any things need to be do by company? Please suggest Thanks
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