Retention bonus allowable as business expenditure

By | July 15, 2016
(Last Updated On: July 15, 2016)

Retention bonus as business expenditure

The Delhi Bench of the Income-tax Appellate Tribunal held that a retention bonus paid by the taxpayer to retain employees of a transferred company were allowable as a business expenditure of the taxpayer. The case is: SAIC India Private Ltd. Read a July 2016 report [PDF 282 KB]

Direct Taxes Ready Reckoner Service Tax Ready Reckoner Company Law Ready Reckoner tax deduction at source
New Books Released on Tax , GST and law

Leave a Reply