https://www.taxtmi.com/caselaws?id=61891 Incentive bonus paid to a Life Insurance Corporation Development Officer is analysed as separate from salary because the relevant employment definitions of annual remuneration and gross yearly salary do not include it. The text treats the bonus as consideration for procuring business and performing additional duties, rather than as part of the regular salary structure, and distinguishes authorities dealing with commission based on turnover. On that reasoning, the receipt is not characterised as salary, annual remuneration, or gross yearly salary for income-tax purposes, and the discussion indicates that expenditure incurred in earning it may be considered beyond the standard deduction framework. en-us Wed, 17 Jan 1996 00:00:00 +0530 Sat, 15 Jan 2011 18:31:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61891 Incentive bonus paid to a Life Insurance Corporation Development Officer is analysed as separate from salary because the relevant employment definitions of annual remuneration and gross yearly salary do not include it. The text treats the bonus as consideration for procuring business and performing additional duties, rather than as part of the regular salary structure, and distinguishes authorities dealing with commission based on turnover. On that reasoning, the receipt is not characterised as salary, annual remuneration, or gross yearly salary for income-tax purposes, and the discussion indicates that expenditure incurred in earning it may be considered beyond the standard deduction framework. Case-Laws Income Tax Wed, 17 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61891