Hi Sir / Madam,
for our director and senior manager ,the company gives perks of car maintenance 3,36,000 and salary of driver 1,44,000 both are per annum .
on these perks amounts . company need to pay TDS or need to deduct
TDS from employee .these amounts are paid to employee in salary.
please let me know the tax to be born by company or employee ( director and Sr manager )
thanks
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perks taxed to company or employee
Replies (5)
The Tax Liablity to be born by company.
no...I think it can be deducted as well from salary of directors
i think it is born by company only... @ ankush
can you give any reference....because...it's like salary....and can be deducted...
these are perquisites and need to be included in the total income of the director
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