Perquistes for the ay 2018 -2019

151 views 1 replies

Dear Sir,

                    When employer Under Head GROSS SALARY  icludes"Value of Perks Under Sec 17(2)", and 

                      Deduct TDS; 

                     (i) Is the Value of perks fully taxable

                     (ii) What can be the percentage of Perks / amt, wrt Salary.

                     (ii) Can we get exemption for Value of Perks

                      Please Advice.

                     

Replies (1)
1) Taxability of perquisites is depend upon type of perks you received from your employer.
2) There is nowhere mentioned in act or rules about a predetermined percentage of perquisites of salary. Perquisites value can be more than the salary amount.
3) you need to mention about what kind of perquisites have you received.


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