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Is incentive taxable inder income tax or not

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(Querist)
29 July 2011 Hi
i want to know is incentive earned are taxable or not.
and if yes then why and how?
pls reply to me waiting for your answer
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CA Navin Jain

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CA Navin Jain (Expert)
29 July 2011 incentive is taxable.
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Sam

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Sam (Querist)
30 July 2011 Thanx sir for your reply.
But incentive is not a part of CTC but then how can be taxble and pls let me know on which extent incentive are taxble
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
30 July 2011 Incentive is fully taxable, whether it is forming part of CTC or paid separately. all the cases fully taxable

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