Received Cash, Car or Gold as Diwali Bonus From Your Employer? Check Income Tax Implications

Received Cash, Car or Gold as Diwali Bonus From Your Employer? Check Income Tax Implications
 

As per provisions of the IT Act, bonus received by an employee in the form of cash shall be taxable under ‘Income from Salary’.

 

In this Financial Express article, Dr. Suresh Surana, Founder, RSM India, explains the Income Tax implications for employees.

 

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