Perquisites deductible?

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CA Revanth Bharathwaj M (Querist)
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28 June 2017 Hi, my query is whether the employer who provides perquisites like rent free accommodation, credit card etc is eligible to deduct the same in his return?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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28 June 2017 yes he can

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CA Revanth Bharathwaj M

CA Revanth Bharathwaj M (Querist)
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29 June 2017 Thanks mam. What about the sweat equity shares? Also, the medical expenses waiver in employed hospital itself

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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29 June 2017 Medical in employer hospital is conpletely exempted

CA Revanth Bharathwaj M

CA Revanth Bharathwaj M (Querist)
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29 June 2017 i know mam. my query is whether the employer can show it as expenditure in his p&l

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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29 June 2017 Yes he can.......

CA Revanth Bharathwaj M

CA Revanth Bharathwaj M (Querist)
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29 June 2017 how will he evaluate the cost and considering a medical treatment given by a doctor to his subordinate nurse, how will he debit it to his p&l

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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29 June 2017 Amt charged from other customers for same service.

CA Revanth Bharathwaj M

CA Revanth Bharathwaj M (Querist)
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29 June 2017 Thank you mam. If so, will he have to pay GST (if any) on this bill?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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29 June 2017 No.,..................

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