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

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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