Hi
If value of gift voucher is Rs 10000, then what value will be taxable in the hands of Employee as perquisite?
Rs 10,000 or Rs 5,000??
Please reply
2 Replies
CA. ROHIT GUPTA
(Service)
(133 Points)
Replied 18 February 2011
Pankaj, But gifts value upto Rs 5000 is exempt
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