Perquisite and Section 56(2)(x)

Indira (CA ) (1379 Points)

14 February 2023  



If an employer is providing porfolio management service to employee free of cost or for a nominal fee, is it taxable as perquisite. If yes what is the value of perquisite. Also will it come under the scope of Section 56(2)(x) of Income Tax Act,1961 under income from other sources head?