A power generation co. provides quarters to its employees at consessional rates, and pays perqusite tax on this perqusite. Is it correct treatment for the co? Should this tax be collected from employees?
POOJA DOSHI (Article Assistant) (24 Points)
02 August 2010A power generation co. provides quarters to its employees at consessional rates, and pays perqusite tax on this perqusite. Is it correct treatment for the co? Should this tax be collected from employees?