Whether education expense on employee treated as perquisites
This query is : Resolved
19 April 2008
Hellp
My query is that whether education expense (tution fees, exam fees, foreign travellin expenses) on employee will be treated as perquisites in the hand of employee.
What about the FBT on the same?
Please provide me any reference materail if you have regarding your answer..
thanx
Himanshu
My query is that whether education expense (tution fees, exam fees, foreign travellin expenses) on employee will be treated as perquisites in the hand of employee.
What about the FBT on the same?
Please provide me any reference materail if you have regarding your answer..
thanx
Himanshu
19 April 2008
Yes it is perks and provision of section 16 and 10 will be apply also FBT attracted
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