TMI BlogPrize From Employer - Taxable or notX X X X Extracts X X X X X X X X Extracts X X X X ..... Prize From Employer - Taxable or not X X X X Extracts X X X X X X X X Extracts X X X X ..... competition in which all employees and outsourced workers are invited to participate. Prize distributed in cash in such case will be taxable in hands of employee or not ? Reply By MARIAPPAN GOVINDAR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AJAN:
The Reply:
It will be taxable in the hands of employee. X X X X Extracts X X X X X X X X Extracts X X X X
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