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Computer grant given by employer to its employee

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Querist : Anonymous

Querist : Anonymous (Querist)

07 June 2014 Our Company this month will give Computer grant to all employee it will be taxable in income tax or exempt. this is grant and not a reimbursement i.e one time payment to only employee category not for executives. please let me know it is taxable or not

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 June 2014 grant has to be considered taxable.

Querist : Anonymous

Querist : Anonymous (Querist)

07 June 2014 Thanks my dear
In which section it will be taxable

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 June 2014 salary!!!!!!!!!!!!!!

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