CA-ASPIRANT (CA-STUDENT ) (650 Points)
13 May 2009Hi Buddy,
Please let me know about the Taxability of movable assets in the hand of employee.
PiyushAgrawal
(Chartered acooutant in practice)
(575 Points)
Replied 13 May 2009
| Originally posted by :Amritesh | ||
| " | Hi Buddy, Please let me know about the Taxability of movable assets in the hand of employee. |
" |
In Some Case(Furniture) Dep on such assets is facility/perquisites for employee and taxable to him.
In Some case it is not taxble to him( Car Facility provided by employer)
CAclubindia
