Poonawalla fincorp
Poonawalla fincorp

credit card facility

This query is : Resolved 
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(Querist)
02 April 2010 an employee was given a credit card facility which relates to official purpose.

is it taxable in the hands of the employee??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 April 2010 for use of offical purpose -not taxable in the hands of employee
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
03 April 2010 agree not taxable
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
03 April 2010 Not Taxable
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
05 April 2010 agreed
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
07 April 2010 if it is for official use then not taxable in employees hand

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