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The New Perquisites Rule

This query is : Resolved 

28 December 2009 I am working in Pvt Ltd Company. We paid following benefits to staffs
1) Telephone reimbursement but some eligibility (Certain Limit)
2) Medical Expenses reimbursement (Certain Limit)
3) Petrol reimbursement 2 wheeler & also Maintanence (Employer have own vehicle & Employee vehicle)
Please clarify whether this reimbursements taxable in employee hand as per new perquisites rule? previously we have paid FBT for this reimbursement except Petrol expenses for 2 wheeler.

28 December 2009 all perquisits, will be taxed on the hand of employee. this rule may be applicable from april, 2009.

28 December 2009 1.Telephone expenses exempted up to the usage of offical purpose
2.Medical reimbursment Rs.1250 P.M exempted balance taxable
3.2 wheeler -offical purpose - exempted
2 wheeler -personal -fully taxble
2 wheeler - Partly personal & partly offical - Rs.900 exempted balance taxable

28 December 2009 agree. after FBT abolished some Perquisites taxable on the hands of receiver.


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