A company reimburses/directly pays to the Employee/Employee's broker brokerage towards a new house taken for rent ..
Would this be considered as a perqusite? Pls clarify!
2 Replies
sanjana
(article)
(80 Points)
Replied 24 June 2013
Since perquisite includes any sum paid by employer in respect of an obligation, which
was actually payable by the assessee, the brokerage paid in this case is a perquisite
Mihir
(Wealth Manager)
(5293 Points)
Replied 25 June 2013
Rent paid by employer on behalf of the employee is perquisite, including the brokerage payable to the broker in the course of the deal.
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