Hi,
Please let us know if a company is paying telephone bill of director's residence, how the same will be treated under Income Tax Act? Is the same will be perquisite?
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Telephone bill of Director-Perquisite?
Replies (2)
yes it will be a perquisite and taxable in case it is wholly fr personal pupose or partyly even...
if its wholly fr official use, it wont be taxed
agree with sunshine
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