Brokerage on rent - perquisite

Others 6243 views 2 replies

 

A company reimburses/directly pays to the Employee/Employee's broker brokerage towards a new house taken for rent ..

Would this be considered as a perqusite? Pls clarify!

 

Replies (2)

Since perquisite includes any sum paid by employer in respect of an obligation, which
was actually payable by the assessee, the brokerage paid in this case is a perquisite

Rent paid by employer on behalf of the employee is perquisite, including the brokerage payable to the broker in the course of the deal. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register