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Gift from employer

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(Querist)
29 September 2016 If gift by employer is given in kind than it is exempt upto ₹5000.If amount say ₹10000 gift in kind than taxable perquisite is ₹10000 or 10000-5000
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 September 2016 It is 10000-5000 is taxable.
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Navpreetkaurlitt

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Navpreetkaurlitt (Querist)
29 September 2016 Thanks sir




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