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Perquisites

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(Querist)
25 October 2012 sir,
suppose a perq is exempted up to 1,000 p.m. What is the treatment if assessee gets 1,500 p.m.?
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CA Manish

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CA Manish (Expert)
25 October 2012 500 will be taxable.
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CA Pooja Agarwal

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CA Pooja Agarwal (Expert)
25 October 2012 yes rs.500p.m will be taxable in the hands of employess
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