with no pecuniary benefits. The Managers are entitled to a Performance Linked Incentive (PLI) of Rs. 4000/- and Senior Manager are entitled
Appellants is that the earlier round of
litigation regarding „performance link incentives‟ culminated in
the decision of the Supreme Court in A.K. Bindal ... case of
A.K. Bindal (Supra). In fact, the question of performance linked incentives
in respect of VRS 2008 was decided by the supreme court
employees for them to be paid the performance incentive year after year. The said payment was entirely linked to the results in a given year ... possible to determine the amount that would become payable as performance incentive. He pointed out that in terms of Section 192(1) , the deduction
personal pay. The grant of
incentives by a PSE, by way of a second fitment, is linked to its performance and the
profits earned
The Chamber Of Tax Consultants & Anr vs Union Of India & Ors on 8
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Author: S
Arise India Limited vs Commissioner Of Trade & Taxes, Delhi And ... on 26 October, 2017
K.R. Anand vs Government Of Nct Of Delhi & Ors. on 26 October, 2017
Arun Jain (Huf) vs The Commissioner, Value Added Tax on 26 October, 2017
Author: S