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Teacher/Researcher with award/honourarium
09-08-2011, 12:08 PM,
#1
Teacher/Researcher with award/honourarium
Teacher/Researcher has 75% rebate in tax. What if he has additional income in the form of award/hounorarium given to him by his department/govt based on his performance in job (like Higher Education Commission gives cash awards to best teachers)? How much tax will be applicable on that income (100% or 25%)?
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09-09-2011, 11:41 PM,
#2
 
Some expert may kindly reply to my question.
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