bank employee govt or private

It is a public sector bank and hence the employees would be a govt employee.

Ur 2nd question is not clear though.

Other than the nationalised and Schduled bank all others are not Govt Banks

State bank is a nationalised bank .... and state bank of bikaner is a 100% subsidiary of State bank of India

Happy CA Day to ALL.......!

Dear Mam,

I think you are seeking this info for the purpose of filing of ITR, where assesee has to tick on 1out of the 3 check boxes as under -

1) Govt. Employee

2) PSU (Public Sector Undertaking)

3) Others

State Bank of Bikaner & Jaipur is a subsidiary company of State Bank of India, which is a PSU. Therefore, its employees are also required to check the box next to PSU i:e PSU employees.

But, If you are asking it for the purpose of computing salary then PSU employees are treated as Non-Government & no distinction is made between Private employees & PSU employees.

Regarding second question, tax paid by employer on perquisites on behalf of employees -

Yes, tax paid by employer on "Non - monetary perks" will be deducted as usual in order to compute refund but if refund is due to excess tax paid by employer on "non-monetary perks" then such excess shall become a taxable perquisite u/s 17(2) since Sec 10(10CC) exempts in the hands of employee  the tax paid by employer on "non-monetary perks" only hence anything in excess of it shall form part of income under head salary....

Good one Amir Bhai . 

Dear Reena

in my views in ur second query its a prof. tax deposited by employer will be add in perks and will be deduct from Gross income.

Regards

THANKS A LOT FRIENDS FOR UR PROMPT RESPONSE

THANKS AMIR to clear my doubt

REENA JAIN

Hi friends

pls let me know

how can we treat tax on perks in e return to avail tax credit ?

is it mentioned as tds details

thanks

reena jain

Dear Reena

You have to file form through Software and whenever you will fill the amount it will calculate exemption and tax limit on it.

Regards