If employer gives any gift below 5000,
perquisite is taken as nil.
if employer gives abv5000 i.e,10000
den the 10,000 will b taxable or the xtra 5000 ????
If employer gives any gift below 5000,
perquisite is taken as nil.
if employer gives abv5000 i.e,10000
den the 10,000 will b taxable or the xtra 5000 ????
exempt limit is allowed on gift and extra is taxable.
CAclubindia
