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
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Loan taken for Medical emergency
Replies (5)
No as loan is taken from relative
I think the same is taxable as perquisites,
Mr. Sourav You again not read the question properly, loan is not taken from relative , loan is taken from employer,
Mr. Sourav You again not read the question properly, loan is not taken from relative , loan is taken from employer,
Yes it was a typo mistake
But there are others answers also where you answered wrong
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