Perquisites not taxable in all cases
The following perquisites are not taxable under CBDT instructions or by virtue of the Act/Rules:
i. The provision of medical facilities as per para 4(i).
ii. Free meals provided to all employees in office up to Rs. 50 per employee provided by the employer through paid vouchers usable at eating joints.
iii. Telephone including mobile phone provided to the employee.
iv. Perquisites allowed outside India by the Government to a citizen of India for rendering services outside India.
v. Sum payable by an employer to pension or deferred annuity scheme.
vi. Employer’s contribution to staff group insurance scheme.
vii. Actual travelling expenses paid/reimbursed for journeys undertaken for business purposes.
viii. Payment of annual premium on personal accident policy, if such policy is taken to safeguard the employer’s interest. See CIT vs. Lala Shri Dhar (1922) 84 ITR 192 (Delhi).
ix. Rent-free official residence to a High Court or Supreme Court Judge.
x. Rent-free furnished residence to official of Parliament.
xi. Conveyance facility to High Court/Supreme Court Judges.