PERKS ON ELECTRICITY BILL PAYMENT ON LEASED RENT FLAT
This query is : Resolved
09 December 2010
SIR,
I AM DEDUCTING TAX ON PERKS VALUE OF LEASED RENT ACCOMODATION PROVIDED BY EMPLOYER TO EMPLOYEE.
MY QUERY IS THAT ELECTRICITY BILL FOR ABOVE ACCOMODATION IS TO ADDED FOR PERKS VALUATION OF THAT EMPLOYEE.cAN I DEDUCT TAX ON PERKS VALUE OF ELECTRICITY BILL OF THE SAME.
REGARDS
PRABIR NATH
I AM DEDUCTING TAX ON PERKS VALUE OF LEASED RENT ACCOMODATION PROVIDED BY EMPLOYER TO EMPLOYEE.
MY QUERY IS THAT ELECTRICITY BILL FOR ABOVE ACCOMODATION IS TO ADDED FOR PERKS VALUATION OF THAT EMPLOYEE.cAN I DEDUCT TAX ON PERKS VALUE OF ELECTRICITY BILL OF THE SAME.
REGARDS
PRABIR NATH
09 December 2010
Dear Prabir
"For free supply of gas, electricity and water for household consumption the old rules already provide that the amount paid by the employer to the agency supplying the amenity shall be the value of perquisite. However, when the supply is made from employer's own resources, the value of perquisite was taken as Nil."
"For free supply of gas, electricity and water for household consumption the old rules already provide that the amount paid by the employer to the agency supplying the amenity shall be the value of perquisite. However, when the supply is made from employer's own resources, the value of perquisite was taken as Nil."
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
