banner_ad

Gift vouchers

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 March 2010 Gift Vouchers which are redeemable in a Departmental store provided to employee as a part of salary, for eg. Mr. A is receiving Rs 20,000 salary, but the company provides on A's request 15000 cash and Rs. 5000 Gift vouchers.
1. whether Gift vouchers provided to as a part of salary is taxable under the head salaries?
2. if, the company provides the Gift vouchers not as part of salary, such as given free is a taxable perquisites?
Profile Image

shrikant

Profile Image

shrikant (Expert)
10 March 2010 It's chargeable as perquisites.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details