query on bounus taxability

This query is : Resolved 

19 March 2009 hi,

i have a query.
if a employee get a bonus on 31st march then what is the taxability and same when the bonous is recieved in April.
i have a little confusionin both cases,



Regads
Anil Meena

22 March 2009 Bonus is taxable on due or receipt basis which ever is earlier



23 March 2009 Thnx for confirmation




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries