Bonus or commission paid to employees - (New) Section 32(a) / (Old) Section 36(1)(ii)

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.... for services rendered, allowed as a deduction while computing the income which is chargeable under section 26. • But only when such amount would not have been payable to the employee as profits or dividend if it had not been paid as bonus or commission. Under Section 36(1)(ii) of the Income Tax Act, 1961 [ Upto 31.03.2026 ] • Any sum paid to employees as bon....