employment agreement dated 24th
December, 2015 when the assessee joined the company on 01.02.2016, joining
bonus of Rs.15,00,000/- was paid ... within a period of two years from the
date of joining the said joining bonus shall be recovered from the assessee.
Relevant to mention that
Cytespace Research Pvt. Ltd .
Asst.Year -2013-14
held that joining bonus of Rs. 65,00,000/- paid to Lalit Pai was without any reason ... that another employee of the company, Shri Lalit Paiwas paid a
joining bonus of Rs.65,00,000/- without any reason or justification. Additionally
KMPs, employees of
the company based on their performance or as joining bonus @ Rs.0.50
per share within next 4 years and vetted within
whether in lumpsum or otherwise by an assessee from
any person before joining any employment with that person or
after cessation of such employment with that ... Section 17(3) had been brought
in to account for joining bonus received from the prospective
employer as profit in lieu of salary liable
Mysore, are not entitled to incentive bonus. The plea of the applicants that they are entitled to incentive bonus by virtue of the recommendation ... incentive bonus by virtue of holding cadre posts, they have no reason to feel aggrieved for not getting incentive bonus. They joined cadre posts
employee under the Payment of Bonus Act, 1965 . On appeal before the Commissioner (Appeals), the payment of bonus was also considered as unjustifiable and, therefore ... assessee after they had joined the assessee-company. Besides, the hike in their salaries, the assessee-company has given bonus to these two directors which
appointment of employees being first year of
operation , signup bonuses being given to employees on joining
the assessee and recruitment cost incurred in the initial
Suresh Chandra Yadav vs Union Of India on 30 January, 2023
CAT, Lucknow O.A
bonus for the years 2011-12 onwards with interest at market rate
of 12% for delay in all due payments of bonus......
After hearing learned ... able to calculate the correct ad-hoc bonus (if
admissible), since the particulars, i.e. date of joining, etc. will vary in
each case
bonus for the years 2011-12 onwards with interest at market rate
of 12% for delay in all due payments of bonus......
After hearing learned ... able to calculate the correct ad-hoc bonus (if
admissible), since the particulars, i.e. date of joining, etc. will vary in
each case
