Taxability of various perks offered by the PSUs, under the Income Tax Act, 1961

Madhur Gandhi | Last updated: 30 September 2020

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Various perks and allowances are offered to the officials by the PSUs. Let us discuss how they are taxed under the Income Tax Act, 1961. Opinion regarding Taxability of Perks/allowances admissible to the Officials: 1. Laptop Reimbursement: This will be covered under the category of Perquis

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About the Author

Madhur Gandhi

Hi I am CA Madhur Gandhi, posessing experience of 9 years in the Industry, currently doing job in Insolvency firm, RBSA. I have experience in diverse fields of Taxation, Direct and Indirect, and applying IND-AS in accounts, MIS, Financial Statement finalisation, MS Excel, etc. I also give educational material on ... Read more

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Taxability of various perks offered by the PSUs, under the Income Tax Act, 1961

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