Confusion to understand the monetary and non monetary

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 September 2015 Dear experts
i have always been confused to understand the monetary and non monetary perquisite...suppose the company has provide the house to it's employee,and company is also paying employee's child education fees.... plz give me some point that weather this is monetary or non monetary....

regard
atul nigam

11 September 2015 Providing house to employee is non monetary perquisite whereas paying child education fees is monetary perquisite.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 September 2015 Dear sir
if providing house to employee is non monetary why the company is giving HRA and making part of section 192 instead of 192(1A)

plz clarify...

12 September 2015 HRA is a monetary perks so included under section 192.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details