Gifts to Employees
This query is : Resolved
Shyamli Sharma
(Querist)
19 August 2009
Whether gifts given to employees will be taxable in any section for the AY 2010-11. Previously it was covered in FBT but now as FBT has abolished whether it will be considered in the purview of income in any other section?
UMA SHANKER SHARDA
(Expert)
20 August 2009
It might be treated as part of salary, pls check the defination of salary.
U S Sharda
U S Sharda
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