14 February 2012
Brokerage paid by employer on behalf of employee, i.e.paid directly to broker then whether brokerage amount taxable in the hands of employee as perquisite? if the same is reimbursed by employer to employee then whether ans. is different or same as apply to above.
14 February 2012
It shall be obligation of the employee met by employer.. and it shall be taxed in the hands of employee,, also would suggest that TDS be deducted u/s 194H on brokerage paid.
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