Incentives on sales is taxable or not?

b.sreenivasa rao (Employee) (445 Points)

09 May 2012  

One of my Friend's company having sales Team where the company is manufacturer of Pharma products.  The sales team used to get Incentives on the sales done by them.  My query is whether the incentives received on sales turnover is Taxable or Not.

 

With Regards

B.sreenivasa Rao