Tax on monetary perquisites
This query is : Resolved
02 January 2020
Is tax on monetary perquisites given by a nationalised Bank to their employees are taxable in the hands of employee. Will banks pay tax on such monetary perquisites on behalf of employees towards pan number of respective employees
CA R SEETHARAMAN
(Expert)
03 January 2020
Yes it's taxable and banks can't pay tax on such monetary perquisites on behalf of employees towards pan number of respective employees
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