Salary or Income form other sources sec 56(2), Income Tax

[MITSUI PRIME]

Dear Sir,

Reward / performance Reward received from Employer by way of cheque amount rs. 35000/- but company show in salary slip ,

this is taxable under the head of salary

or any other way under section 56(2) , this is can treated as a gift

Please provide your advice

 

Regards

Arjun Sachdeva

 

Posts / Replies

[CA GOPALJI AGRAWAL]

It is none other than salary as rightly stated by company in pay slip.