Value of Perquisite Tax Borne by Employer
This query is : Open
13 August 2026
In reference to my earlier query-
Some of the assesses have shown Bifurcation of Perquisite.
Other Perquisite-134142/-(284621-150479)
Interest Free or Concessional Loan Rs. 150479/- and show Exemption Under Section 10 (10CC)
Rs. 150479+18043=168522/-
Presuming that Value of Perquisite of IFCL (150479), Tax will be Borne by Employer (Bank).
ITR will be Process Successfully with No Tax Demand. In this whether Revised ITR will be filled by reducing Exemption only up to Rs.18043/- Please advise.
Some of the assesses have shown Bifurcation of Perquisite.
Other Perquisite-134142/-(284621-150479)
Interest Free or Concessional Loan Rs. 150479/- and show Exemption Under Section 10 (10CC)
Rs. 150479+18043=168522/-
Presuming that Value of Perquisite of IFCL (150479), Tax will be Borne by Employer (Bank).
ITR will be Process Successfully with No Tax Demand. In this whether Revised ITR will be filled by reducing Exemption only up to Rs.18043/- Please advise.
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