Free supply of electricity

Tax queries 347 views 1 replies

Dear All,

As per company policy we are providing 100 Free Electric unit Per Month  to our employees residing in company Quarters. But some employees cosumed less than 100 Free Electric units. Can we add the perks in Salary Income  as per company policy i.e. 100 Free units . 

Please clarify.

 

Thanks & Regards

Parmod Agarwal

Replies (1)

Yes, it will be considered perquisites and forms part of the salary income.


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