Good work reward - it was an ex gratia payment or some sort of ...

Income Tax

October 19, 2015

Good work reward - it was an ex gratia payment or some sort of reward given to an employee for the good work done by him and would therefore, fall within the category of expenditure incurred for the purpose of business expediency and for improving the working of the assessee. - it would not fall u/s 36(1)(ii) but would fall u/s 37 - AT

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Good work reward - it was an ex gratia payment or some sort of ...

Income Tax

October 19, 2015

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