Income tax on bonus

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Sumitha K (Querist)
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11 February 2011 Hi Experts,

Can anyone tell me if income tax is applicable on bonus paid as per payment of bonus act?

Regards,

Sumitha

C.A.Javid Patel (Expert)
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11 February 2011 Yes you have to pay Income Tax on Bonus. No matter from where you will get it.

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