section 10cc
Anu radha (30 Points)
25 May 2018
tax on non monetary benefits to employees is an expense to the employer but not the liability of the employee?
2 Replies
SWARNAMALYA B
(285 Points)
Replied 25 May 2018
This provision will provide relief to the employee if the employer is willing to bear the tax burden in respect of non-monetary perquisites provided by it to the employee as otherwise the tax so paid by employer would have been treated as income of the employee.
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