Use of mobile by employees, a taxable perquisite???

expenses on mobile phones are tax free perquisites

As concern as my knowledge, Mobiles given by Employer to Employee is not a taxable perquisite.

Hi

Till he is in services its not taxable, however on leaving co. he has to surrender mobile forn bak to co. If he isnt surrendering mobile phone then WDV of mobile fone is chargeable as perquisite.

Thanks!!

Any communication tool ?(laptop/phone) given by the company to carry its responsilities are company assets. If due to expiry life cycle of a equipment which is 3 years or such , company allows it to handover to the employee it is NON TAXABLE. 

Yes if in between the employee leaves and wants to take it with him, based on rules the appropriate amount had to be given to company. (different for different companies)

Procurement with in 6 months - 100%, between 6 months to 1 year - 75%, after 1 year to 2 year - 50% and so on. However policies are not defined in case an employee is given an OLD asset. 

Perquisites not taxable in all cases

The following perquisites are not taxable under CBDT instructions or by virtue of the Act/Rules:

i. The provision of medical facilities as per para 4(i).

ii. Free meals provided to all employees in office up to Rs. 50 per employee provided by the employer through paid vouchers usable at eating joints.

iii. Telephone including mobile phone provided to the employee.

iv. Perquisites allowed outside India by the Government to a citizen of India for rendering services outside India.

v. Sum payable by an employer to pension or deferred annuity scheme.

vi. Employer’s contribution to staff group insurance scheme.

vii. Actual travelling expenses paid/reimbursed for journeys undertaken for business purposes.

viii. Payment of annual premium on personal accident policy, if such policy is taken to safeguard the employer’s interest. See CIT vs. Lala Shri Dhar (1922) 84 ITR 192 (Delhi).

ix. Rent-free official residence to a High Court or Supreme Court Judge.

x. Rent-free furnished residence to official of Parliament.

xi. Conveyance facility to High Court/Supreme Court Judges.

Dear All

Any type of asset which are use by employee (Like......lap top , telephone  and etc which is require for smooth work function  ) not consider under perquisite.

Rgds

Shiv