Valuation of perqusites for taxation purpose
This query is : Resolved
03 November 2009
For Asst Year 2010-2011 as FBT is abolished, how should perquisites be taxed? In whose hands i.e employee or employer?
Provide some material information at the earliest.
Thanks
Provide some material information at the earliest.
Thanks
03 November 2009
In the hands of employee.
http://www.icai.org.in/resource_file/15992suppcca.pdf
Read Rule 3 from page 26 in the above link
http://www.icai.org.in/resource_file/15992suppcca.pdf
Read Rule 3 from page 26 in the above link
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