schedule 1 provide that gift not exceeding Rs50,000 in value in a f/y by employer to employee not treated as supply .
But if it exceed Rs50k then whole of amount in taxable or the exceeding
amount ?
gift by employer to employee in GST
Replies (1)
If it is more than 50,000, then whole amount is considered not the excess amount.
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
Related Topics :
CAclubindia
