Case Law Details
Case Name : Commissioner Of Income-Tax Vs B. Ghosal (Kerala High Court)
Related Assessment Year :
Courts :
All High Courts Kerala High Court
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The question whether a particular payment made to an employee constitutes “salary” for the purposes of Rule 2A will have to be determined only by reference to the definition of that expression as contained in Rule 2(h) of Pt. A of the Fourth Schedule to the Act. On a close study of the said rule in conjunction with Rules 4 and 5 of the same Part in the same Schedule,
it appears to us to be perfectly clear that bonus cannot be regarded as falling within the scope of the expression “salary” as defined in
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whether incentives are liable for profession tax in maharashtra
if any employee is paid one month salary ( including basic + other allowances+hra)as a noitce pay . Let me confirm that the bonus should be calculated on this nitice pay