In may 10 exams, what will be the treatment of perqisites on which the employer was liable to pay FBT, since it has been withdrawn now?
Pranav Prasad Visapurkar (Final Student) (197 Points)
07 December 2009In may 10 exams, what will be the treatment of perqisites on which the employer was liable to pay FBT, since it has been withdrawn now?
CA. Megha Topiwala
(Job)
(1534 Points)
Replied 07 December 2009
If such perks r exempt then no tax.. bt if they r taxable they wil b taxable under d head salary as per specified provisions....
Sunil Liladhar Kotak
(Manager (F & A))
(2025 Points)
Replied 07 December 2009
agree with megna
sunil