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Sanjib Basak

How to show Bonus in return...
A salary taxable person is received the bonus for FY 17-18. How to show bonus in ITR 1?
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Amlan Dutta
First check your form 16,

There can be two cases ,
(1) Bonus considered and reflected in form 16 under gross and not under profits in lieu of salary and
(2) Bonus considered and reflected in form 16 under profits in lieu of salary


(i) Case - 1 : Bonus included in salary as per provisions in section ...
  • July 17, 2018
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Sandesh Sadhu Shetty

How to show Bonus in return...
Hi Amlan, Thank you for sharing such a useful knowledge to all of us for free.
In my Form 16, the annual bonus which I received in financial year 17-18, is classified under "Salary as per provisions contained in sec.17(1)" but in your youtube video, you mentioned that “Bonus amount” we need to e...
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Amlan Dutta
Beautiful question...much appreciated ...many of the subs are reporting a similar issue,

(i) Case - 1 : Bonus included in salary as per provisions in section 17(1) i.e Gross salary
- This is your case

When bonus is already considered as a part of the Gross salary i.e "Salary as per provisions contain...
  • July 10, 2018
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