Urgent query

What wil be the Tax treatment of  FRIDGE GIVEN BY EMPLOYER TO EMPLOYEE under the head income from salary.......... 

Replies (8)

It will be Taxable in the hands of the Employee under the haed Income from Salary as a Perquisite.

 

Regards,
Devendra

I agree with Mr Deva.

Regards

Ram.

Taxable as perquisite... agree with Mr.Deva...

which is the section add backing depreciation asper companies act

Agree with Devendra

Taxable as perquisite

Agree with Devendra

taxable amt of perq is 10 % of the value of fridge.......

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