Addition u/s 43B - Bonus - Disallowance of provision for ...

Management Incentive Reward Not a Bonus u/s 36(1)(ii); Allowed as Business Expenditure u/s 37.

February 5, 2021

Case Laws Income Tax AT

Addition u/s 43B - Bonus - Disallowance of provision for management incentive performance reward - the payment under the good work reward does not constitute bonus within the meaning of section 36(1)(ii) of the Act and it is allowable as normal business expenditure u/s. 37 - AT

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Addition u/s 43B - Bonus - Disallowance of provision for ...

Management Incentive Reward Not a Bonus u/s 36(1)(ii); Allowed as Business Expenditure u/s 37.

February 5, 2021

Case Laws Income Tax AT

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