In preparing a statement u/s. 217 (2A) of the Companies Act, (list of employees), what are the list of income aggregated for remuneration to be mentioned?
Whether car provided should be added under perquisites?
In preparing a statement u/s. 217 (2A) of the Companies Act, (list of employees), what are the list of income aggregated for remuneration to be mentioned?
Whether car provided should be added under perquisites?
YES
As per sec.217(2A), for the purpose of this section meaning of remuneration is as specified in explanation to sec. 198. As per that explnation any amenity provided free of cost by the company is included. So in present case it will be included.
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