Transfer of movable asset

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9 Points Posted on 14 May 2021
computer kept by the employer in the residence of employee then why it should not be chargeable to tax under the head salary
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On 14 May 2021 at 13:27 Report
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This discussion explores whether a laptop or computer provided by an employer for an employee's use at home is taxable under the head of salary. While the general consensus is that the use of such an asset is not a taxable perquisite, it becomes taxable upon sale. The thread also touches upon the distinction between personal use and use for official work from home.

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Chartered Accountant
24588 Points Posted on 14 May 2021
Laptop or computer is not a taxable perquisites
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On 14 May 2021 at 14:21
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9 Points Posted on 14 May 2021
For use or direct transfer
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On 14 May 2021 at 14:23
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CMA
13117 Points Posted on 14 May 2021

Use of laptop is not a taxable perquisite. Taxable only when sold.

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On 14 May 2021 at 14:29
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tax consultant
3306 Points Posted on 14 May 2021
It was once a subject matter of fringe benefits.

but please elaborate. has the eployee kept in his home all for himself or you have given it to him for just using. and also if he does any office work from home on such pc/laptop
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On 14 May 2021 at 14:38

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