I am working as a Chief Executive - sales in a private limited company. Company is offering Rs. 100000 - 200000 as a sales incentives in this FY 2007-08. What will be the Income tax I need to pay?
Re: income tax for sales incentives
by Sunil Kumar on Jan 07, 2009 02:55 PM Permalink
Dear sir, Any incentive paid by the company as a reward to you will be taxable in your hands,as it is considered as a part of Salary.
