allowance & perquisties.
This query is : Resolved
Rajesh Rawat
(Querist)
13 March 2010
Explain to me:
1. allowance
2. perquisties
sugust to me.
1. allowance
2. perquisties
sugust to me.
CMA Ramesh Krishnan
(Expert)
13 March 2010
Allowance: - Fixed Monetary amount Paid by the Employer to the Employee
To Meet Expenses of :
a)Personal Nature;
b)In Connection with Performance of duties.
Perquisites:Gain or Profit incidentally made from employment ;in addition to regular salary or Wages
May be monetary or non monetary
To Meet Expenses of :
a)Personal Nature;
b)In Connection with Performance of duties.
Perquisites:Gain or Profit incidentally made from employment ;in addition to regular salary or Wages
May be monetary or non monetary
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