Hi Friends,
I would like to know whether transfer of fixed assets to an employee for nil value is taxable in the hands of an employee or not
Please clarify ASAP.
Hi Friends,
I would like to know whether transfer of fixed assets to an employee for nil value is taxable in the hands of an employee or not
Please clarify ASAP.
yes it is taxable
it is preq in kind
Yes Manish is correct
| Originally posted by :mohit agrawal | ||
| " | Yes Manish is correct | " |
Thanks alot...friends...
Aggarwal Sarawagi and Co
New Delhi
CA
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