What wil be the Tax treatment of FRIDGE GIVEN BY EMPLOYER TO EMPLOYEE under the head income from salary..........
Abhinandan (student) (407 Points)
16 March 2011What wil be the Tax treatment of FRIDGE GIVEN BY EMPLOYER TO EMPLOYEE under the head income from salary..........
Devendra
(Chartered Accountant)
(4775 Points)
Replied 16 March 2011
It will be Taxable in the hands of the Employee under the haed Income from Salary as a Perquisite.
Regards,
Devendra
ADILA
(STUDENT)
(32 Points)
Replied 17 March 2011
which is the section add backing depreciation asper companies act
Pradeep Patankar
(IFRS ( London))
(289 Points)
Replied 17 March 2011
taxable amt of perq is 10 % of the value of fridge.......
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
CAclubindia
