prequisites

This query is : Resolved 

14 September 2009 Respected members,
We run school under educational trust.now my query is that we waved off half fee for child of our employee's (both teaching & non-teaching). Is it fall under perquisites? Do we must add waved off fee amount in their Income(Salaried) and what will the tax rate? please revert back. Thanks in advance

14 September 2009 Not at all.


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