hi
I have paid 20% bonus and 20% ex-gratia on bonus. Now i want to give one month's salary in the shape of ex-gratia payments. Are there ani tax implications on that?
Thnx in advance
Pankaj Arora
(Learner)
(3134 Points)
Replied 25 March 2011
This will include in ordinary salary and deduct tds accordingly…
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
