16 October 2012
Sir , I want to ask one more thing..
As we know that there are some perquisites which if provided by the company to the employee are not taxable with or without some conditions..Lik
Free Meals are exempt Rs. 50 per meal & so on.
So , now my question is that such perquisites are neither taxable for employees nor for companies.
Since now FBT has been removed , so company will claim it as an expense of Salary , and employee will take exepmtion as per Rs. 50 per meal provision ...
16 October 2012
hra and 80 c both can be claimed it is also not neccessary that the house which u have taken , ur staying in dat house. say uve purchased house in kolkata but due to ur job ur staying in some other state