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Perquisite (Fringe Benefits) Taxable Value Calculator for AY 2010-11For Salaried Income Tax PayersValuation of Perquisites (Fringe Benefits) in terms of Notification No. 94/2009/ F.No.142/25/2009-S O (TPL), dated 18-12-2009, for the purpose of computing the income chargeable under the head Salaries with effect from 1st April 2009. Note: This calculator calculates Perquisite Value presuming that the amount entered by you is taxable and with standard rates. Please Click Here to view the exemption levels for various perquisites provided by employers as per the above noted Notification.
1. Calculation of Taxable Value of Perquisite of Residential Accommodation |
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| Select the type of your Residential Accommodation | |
| Accommodation provided to Govt. Employees Accommodation provided to Non Govt. Employees Leased Accommodation provided to Non Govt. Employees Hotel Accommodation provided by the Employer |
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| 2. Calculation of Taxable Value of Perquisite of Interest Free or Concessional Rate Loan Facility | ||||||
|---|---|---|---|---|---|---|
| Loan Particulars | Loan Amount at the beginning of the year | Monthly Repayment ( EMI ) | Interest Charged during the year | SBI Advance Rate | Perquiste Value | |
| Loan 1 | ||||||
| Loan 2 | ||||||
| Loan 3 | ||||||
| Loan 4 | ||||||
| Total Taxable Value of Perquisite of Interest Free / Concessional Rate Loans | ||||||
| 3. Calculation of Taxable Value of Perquisite of services of sweeper, gardener, watchman or personal attendant | |||||||
|---|---|---|---|---|---|---|---|
| Monthly Salary paid / payable | Monthly Deduction from the Employee | No. of months Services provided | Perquisite Value | ||||
| Sweeper | |||||||
| Gardener | |||||||
| Watchman | |||||||
| Personal Attendant | |||||||
| Total Taxable Value | |||||||
| 4. Calculation of Taxable Value of Perquisite of supply of gas, electric energy or water | ||||
|---|---|---|---|---|
| Facility Provided | Quantity | Cost Per Unit to the Employer |
Deduction from the Employee |
Perquisite Value |
| Supply of Gas | ||||
| Supply of Electric Energy | ||||
| Supply of Water | ||||
| Total Taxable Value | ||||
| 5. Calculation of Taxable Value of Perquisite of Transfer of Movable Assets | ||||
|---|---|---|---|---|
| Type of Asset | Cost of the Asset | Age of the Asset in completed years |
Deduction from the Employee |
Perquisite Value |
| Electronic & Computer Items | ||||
| Motor Cars | ||||
| Other Assets | ||||
| Total Taxable Value | ||||
| 6. Calculation of Taxable Value of Perquisite of Motor Car / Any other vehicle | ||
|---|---|---|
| Select as applicable | Vehicle is Owned / Hired by the Employer Vehicle is owned by the Employee |
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| Total Running and Maintenance expenses born by the Employer Running and Maintenance expenses for private use born by the Employee |
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| The Engine Capacity of the vehicle is upto 1600 CC The Engine Capacity of the vehicle is above 1600 CC any other automotive conveyance owned by employee but the actual running and maintenance charges are met or reimbursed by the employer |
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| Services of chaffeur provided by the employer Services of chaffeur not provided by the employer |
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| The vehicle is used only for official duties The vehicle is used for official duties and also for personal use of the employee |
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| Amount incurred by the Employer on running and maintenance of the vehicle or reimbursed / paid to the Employee ( Fill if applicable ) | ||
| Amount deducted from the Employee ( Fill if applicable ) | ||
| If the motor car / vehicle is provided by the employer for exclusive personal use of the employee / his family member(s), the perquisite value is actual amount of expenditure incurred by the employer on the running and maintenance of motor car / vehicle during the relevant previous year including remuneration, if any, paid by the employer to the chauffeur as increased by the amount representing normal wear and tear of the motor car and as reduced by any amount charged from the employee for such use. | ||
| Taxable Value per month | ||
| Taxable Value for the Year | ||
| 7. Taxable Value of Other Perquisites | |||
|---|---|---|---|
| Perquisite | Amount Incurred by Employer during the year | Amount Recovered from Employee during the year | Perquisite Value |
| Free/Concessional Educational Facility | |||
| Travelling, Touring Accommodation etc. | |||
| Free Food and Non-alcoholic beverages | |||
| Any Gift or Voucher or Token | |||
| Membership Fees, Annual Fees for Credit Card | |||
| Membership of Clubs | |||
| Use of Movable Assets | |||
| Any Other Benefit or Amenity, Service, Right or Privilege | |||
| Total | |||
| Total Perquisite Value | |
| 1. Taxable Value of Perquisite of Residential Accommodation | |
| 2. Taxable Value of Perquisite of Interest Free or Concessional Loan Facility | |
| 3. Taxable Value of Perquisite of services of sweeper, gardener, watchman or personal attendant | |
| 4. Taxable Value of Perquisite of supply of gas, electric energy or water | |
| 5. Taxable Value of Perquisite of Transfer of Movable Assets | |
| 6. Taxable Value of Perquisite of use of Motor Car / Any other vehicle | |
| 7. Taxable Value of Perquisite of Other Perquistes | |
| Taxable Value of Perquisites chargeable to tax | |
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