banner_ad

Salary tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 December 2011 WHICH PERQUISITES COMES UNDER MONETARY PERQUISITES AND WHICH UNDER NON MONETARY PERQUISITES ?
Profile Image

Darshit Joshi

Profile Image

Darshit Joshi (Expert)
14 December 2011 Perquisites are never monetary. All monetary payments are considered allowances and non monetary payments are known as Perquisites.
Profile Image

CS, Deepak Pratap Singh

Profile Image

CS, Deepak Pratap Singh (Expert)
14 December 2011 Dear friends, what happen in case of loan from company to the employees on which rate of interest is lower than the banking rate. In case of festival gifts to employees. The monetory gifts are provided in cash or cash equivalents.

In case , a company allotted flat to the employees less than the market value of the flat. Then the difference between agreement value and the market value would be taxed as perque in the hand of employee.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details