Society charges
Vatsal (Student) (453 Points)
15 July 2016
Whether Society Charges paid by employer will be taxable for the employee?It is not allowance..
CA Saurabh Singh
(Practising Chartered )
(974 Points)
Replied 15 July 2016
Hi Vatsal,
Any sum paid by employer on behalf of employee is taxable in hands of employee, except in certain cases which has been exempted in form of allowances and perquisites.
Hence the same doesn't qualify in any of the exempted list, hence its is taxable
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
