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Income tax on perquistie on salary

This query is : Resolved 

17 October 2013 ESOP trust grant shares to the director (who is whole time employee in the company) of pvt. ltd. company share on premium. premium on shares as a perquisite on salary in hand, so director have to pay income tax no the same. Can director tax liability pay company on behalf of director.

17 October 2013 No director himself has to pay tax....

17 October 2013 Hi,

Tax paid by employer is taxable perquisite so reverse working to be done while making payment so that no tax liability occurs to employee.

Thanks//VaibhavJ




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