A person has got VISA cash cards in consideration for his services. Will the amount of cards be added to total income? If yes, under which head?
Satvir Singh (Newly minted CA) (1733 Points)
23 May 2010A person has got VISA cash cards in consideration for his services. Will the amount of cards be added to total income? If yes, under which head?
daya shankar singh
(CA ,CS)
(629 Points)
Replied 23 May 2010
This will be consider as perquisite and shown under the head of salary