Loan provided to employees- Perquisite calculation - Part II

T E Gautham , Last updated: 10 December 2013  
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In an earlier previous post, we had a look at the basis of perquisite calculation on loans provided to employees and members of their household. According to Rule 3 (7)(i) of the Income Tax rules, the taxable value of benefit an employee derives on account of a loan provided to him is equal to the R

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T E Gautham
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Category Income Tax   Report

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