Tax on reimbursement to employees
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 November 2012
IF COMPANY IS PAYING REIMBURSEMENT TO EMPLOYEES FOR CABLE TV EXPENDITURE OR PROVIDING FIXED AMOUNT FOR CABLE TV CONNECTION.
WHETHER SAME SHOULD BE CHARGED AS PERQUISITE IN THE HANDS OF EMPLOYEES FOR THE PURPOSE OF TAX DEDUCTION??
WHETHER SAME SHOULD BE CHARGED AS PERQUISITE IN THE HANDS OF EMPLOYEES FOR THE PURPOSE OF TAX DEDUCTION??
27 November 2012
yes it willbe charged as a perquisite in the hands of the employee
27 November 2012
Yes, It will be chargeable to tax in the hands of employee as perquisite being part of salary and TDS should be deducted
27 November 2012
Yes, its a taxable perquisite in the hand of employee
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