treatment of incentives
rishabh mookim (14 Points)
03 May 2017
whether incentives(bonus) received from employer should be shown as income from salary or income from other source?
3 Replies
Gourav Popli
(27 Points)
Replied 04 May 2017
it should be part of a salary, hence it should be included in salary, not income from other sources
sachin dargad
(SPE)
(22 Points)
Replied 04 May 2017
bonus/incentives forms part of salary.. so it should be mentioned separately on employees payslip.. and should be taken as income from salary..
Recent Topics
- Report in GSTR 1- Export invoice
- Https://www.facebook.com/smileslimkapseln/
- Close Shipping Bill Without Payment (Due to Damage
- TDS on GST on Metal Scrap
- TDS vs TCS who eligible to deduct tds
- E-way Bill Limit In Maharashtra
- Requirement of filing of form MSME-1
- Income tax query capital gain & exemption
- LTCG on flat
- Acquisition Cost after Merger
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
