Few of the employees got transferred between location in India. At the time of transfer, company had provided support by paying rent deposit for those employees. These deposit would be recoverable back from the employees at the time of separation from company.
Are there is any tax treatment under perquisite need to be considered on these deposited amount?
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perquisites
Replies (1)
First clarify yourself... whether its perquisite or loan?
First is taxable in the hands of employee, not the second one.
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