Loan taken for Medical emergency

G. Parameshwar Rao (Accounts officer) (61 Points)

01 August 2021  
Dear sir,

I have a query that one of the employee has taken loan of Rs.100,000/- on medical emergency for his sister for Covid treatment.

Do we need to calculate perquisite on the loan paid to the employee.

Please elaborate on this topic.

Thanks and Regards
Parameshwar