Income tax on bonus
This query is : Resolved
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
Can anyone tell me if income tax is applicable on bonus paid as per payment of bonus act?
Regards,
Sumitha
11 February 2011
Yes you have to pay Income Tax on Bonus. No matter from where you will get it.
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