https://www.taxtmi.com/forum/issue?id=5569 Performance rewards paid by an employer and reflected on the employee's payslip constitute salary income for income tax purposes rather than gifts; when an employer records a reward or performance bonus in payroll and treats it as pay, it is taxable under the head of salary and does not qualify as a gift. en-us Sun, 14 Apr 2013 16:21:05 +0530 Thu, 23 Jan 2025 15:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5569 Performance rewards paid by an employer and reflected on the employee's payslip constitute salary income for income tax purposes rather than gifts; when an employer records a reward or performance bonus in payroll and treats it as pay, it is taxable under the head of salary and does not qualify as a gift. Discussion-Forum Income Tax Sun, 14 Apr 2013 16:21:05 +0530 https://www.taxtmi.com/forum/issue?id=5569