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?
Menu
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
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
