Cotton is taxable or non taxable??

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96 Points Posted on 10 March 2018
The employer gave him cotton wroth Rs2000 free of cost.
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On 10 March 2018 at 18:54 Report
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Ur friend
1533 Points Posted on 10 March 2018
Yes it taxable as a perquisites.
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On 10 March 2018 at 19:30
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96 Points Posted on 11 March 2018
Any Deduction
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On 11 March 2018 at 10:19
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Since it is less than 5,000. It will not be taxable.

Gift from employer up to value of 5,000 is not taxable.

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On 11 March 2018 at 13:15

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