income tax

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ritika Bansal

22 Points Joined August 2018

explain perquisites in salary ch and it's provision

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Taxable & Non-Taxable Perquisites under 'Salary Income' Perquisites may be defined as any casual emolument or benefit attached to an office or position in addition to salary or wages. ... Perquisites not taxable. Perquisites which are taxable only in the hands of specified Employees.