Subject: Bonus

Odikinyi Inc. has a September $30$ taxation year end. On August $1,2022,$ it declares a bonus of $$100,000$ payable to Mr$.$ Odikinyi, an executive of the company. The bonus is payable and paid on May $1,2023.$ Describe the income tax consequences of this bonus to both Odikinyi Inc. and Mr$.$ Odikinyi. How would your answer change if the bonus was paid in October $2023?$