perks
jasmeet singh (220 Points)
05 November 2018
telephone bill of his residence paid by employer 10,000 is taxable ?
4 Replies
S M Raja
(Article Assistant )
(165 Points)
Replied 05 November 2018
https://www.incometaxindia.gov.in/Charts%20%20Tables/List_of_benefits_available_to_a_salaried_person_Final.htm
Mayur Patil
(Article)
(1276 Points)
Replied 05 November 2018
It's can't consider as businesses expense because it's considered as personal expense so not taxable in PGBP.
It can deduct from the capital considering personal expense.
It can deduct from the capital considering personal expense.
S M Raja
(Article Assistant )
(165 Points)
Replied 05 November 2018
expenses on telephones including a mobile phone incurred by the employer on behalf of employee shall not be treated as taxable perquisite.
source; income tax dept website - charts and tables - employees benefits allowable
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