Hi - have a question - is Immigration assistance Monetary/non-Monetary Perquisite
Monetary/non-Monetary Perquisite
Alfiya Sadaf (IN) (3 Points)
29 June 2021
1 Replies
Prabhat Pandey
(210 Points)
Replied 29 June 2021
Non-monetary perquisite forms part of the salary as per Section 17(1)(iv). Such non-monetary perquisite will be taxable in the hands of the employee as income under the head salaries and it will be an allowable business expenditure in the hands of the employer....
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