employers education facility - value of perquisites


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28 April 2010 in case if amount exceeds rs.1000 per month then what is taxable amount in the hands of employee.

28 April 2010 yes. It is taxable in the hands of employee

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Querist : Anonymous

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29 April 2010 In case if employer is providing education to employees children in his own institute costing rs.1500 per month , then what will be taxable amount in the hands of employee as perquisite.. plz reply as soon as possible ..

29 April 2010 employer providing own institute to the children of the employee cost up to Rs.1000 p.m.- not taxable , excess of Rs,.1000/- in your query Rs.500(1500-1000) will be add as perquisites of income of the employee


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