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B. R. ARORA AND A.S. GODARA versus COMMISSIONER OF INCOME-TAX


The salary privilege bonus to the LIC Development Officer, which is a symbol of the office for negotiating business growth, is not part of the paid bonus bonus and is not taxable only because of the relationship between the employer and the employee. The standard deduction for incentive bonuses is the Income Tax Act, 1961, sections 16 and 17

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