Payment of bonus
sood
(Querist) 10 October 2018
This query is : Resolved
Is payment of Bonus mandatory for Private unaided Schools run by a Society and registered for Income Tax exemptions un Section 12AA of the Income Tax Act
Thanks in advance
Isaac Gabriel
(Expert) 11 October 2018
Teachers in schools are not 'employee or workmen'. But in government service or aided schools Ex-gratia in liue of bonus is granted as solace.
Dr J C Vashista
(Expert) 11 October 2018
Earlier the author was interested in seeking obligation qua "leave encashment" now "bonus" followed by "gratuity" "provisional pension" so on and so forth.
Instead of seeking obligation from experts on this platform it would be better to take professional services of a local lawyer practicing service matters or join a coaching centre, institute, college or university.