Bouns for the F.Y.2008-09 not paid before filing of ITR for 2008-09 which will be disallowed in Computation for 2008-09 but paid in Nov'2009. Can we claim benefefit of Bonus for 2008-09 paid in Nov'2009 in 2009-10 ITR
Mohan Saxena (Manager Accounts) (94 Points)
26 November 2009Bouns for the F.Y.2008-09 not paid before filing of ITR for 2008-09 which will be disallowed in Computation for 2008-09 but paid in Nov'2009. Can we claim benefefit of Bonus for 2008-09 paid in Nov'2009 in 2009-10 ITR
Sunali
(Learner)
(1317 Points)
Replied 26 November 2009
Yes, the Bonus paid will be allowed for 2009-10, provided it is not disallowed under other provisions of the Act.
Krutesh Patel
(ACA)
(727 Points)
Replied 26 November 2009
Yes. You can definitely claim deduction of bonus paid.
machender
(student)
(190 Points)
Replied 27 November 2009
the said querry is related to section 43B, which states some expenses can be claimed only if they actually paid by the assessee. when u pay the expenses which are covered under this section after the due date of filing of return then such expenditure will be allowed in the year in which such payment is made.
so, u can claim the bonus expenses in the A.Y 2009-2010
Ameet
(L)
(1678 Points)
Replied 27 November 2009
Here , Section 43B will applicable. It can be allowed in the subsequent year in which it is paid.
Y.N.Vinod
(Consultant - Risk Advisory Services)
(98 Points)
Replied 27 November 2009
you can claim the bonus in the year in which it is paid