Easy Office

Calculation of perquisite rule 3(7)(i)

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 January 2017 Dear Experts,
We had granted the interest free loan of 1 Lakh to one of our employee to meet the cost of disease specified under rule 3A however as per this rule the loan was exempt but employee has also received the medical insurence of Rs. 60000/- as on 16/1/2017 pls clarify weather this will be taxable or only Rs. 60000,

Regds
Anuj
Profile Image

CA R SEETHARAMAN online

Profile Image

CA R SEETHARAMAN online (Expert)
19 January 2017 Interst on 60,000 is taxable.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 January 2017 sir,
will sbi interest be consider as on 1/4/2016



Profile Image

CA R SEETHARAMAN online

Profile Image

CA R SEETHARAMAN online (Expert)
19 January 2017 Yes it is.........................

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links