https://www.taxtmi.com/circulars?id=9047 Bonus, commission and other cash allowances are to be treated as perquisite and not remuneration. Such payments are "profits in addition to salary" and must be aggregated with other perquisites for applying the statutory limit that restricts disallowance. Earlier circulars inconsistent with this view are superseded to that extent, and the instruction is not applicable from the date the revised statutory definition of salary and perquisite came into effect. en-us Tue, 09 Nov 1976 00:00:00 +0530 Wed, 01 Jun 2011 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9047 Bonus, commission and other cash allowances are to be treated as perquisite and not remuneration. Such payments are "profits in addition to salary" and must be aggregated with other perquisites for applying the statutory limit that restricts disallowance. Earlier circulars inconsistent with this view are superseded to that extent, and the instruction is not applicable from the date the revised statutory definition of salary and perquisite came into effect. Circulars Income Tax Tue, 09 Nov 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9047