fbt perquists.
This query is : Resolved
19 June 2010
plz help ,
in form 16, employer paid tax on perquists value u/s 17(2).
will this tax can add in salary .
and also tell me that can we can deduct this tax from total tax payable value.
in form 16, employer paid tax on perquists value u/s 17(2).
will this tax can add in salary .
and also tell me that can we can deduct this tax from total tax payable value.
19 June 2010
If any employer provides tax on non monetary perquisite then the tax is exempted from tax for employee under Section 10(10CC) hence it should not be considered as salary.
Yes this tax shall be considered as normal TDS and shall be deducted from tax payable.
Yes this tax shall be considered as normal TDS and shall be deducted from tax payable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Offsetting interest income against derivative trading losses
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Application of 115BAC
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
