Urgent query

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student
407 Points Joined May 2009

What wil be the Tax treatment of  FRIDGE GIVEN BY EMPLOYER TO EMPLOYEE under the head income from salary.......... 

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On 16 March 2011 at 21:16 Report
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Chartered Accountant
4780 Points Joined March 2009

It will be Taxable in the hands of the Employee under the haed Income from Salary as a Perquisite.

 

Regards,
Devendra

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On 16 March 2011 at 21:40
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Articled Assistant
170 Points Joined March 2010

I agree with Mr Deva.

Regards

Ram.

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On 17 March 2011 at 11:19
Guest

Taxable as perquisite... agree with Mr.Deva...

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On 17 March 2011 at 14:39
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STUDENT
32 Points Joined February 2010

which is the section add backing depreciation asper companies act

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On 17 March 2011 at 14:58
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Practice
97 Points Joined January 2009

Agree with Devendra

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On 17 March 2011 at 17:48
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CA Final Student
856 Points Joined July 2009

Taxable as perquisite

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On 17 March 2011 at 18:18
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Asst Mgr.
33 Points Joined December 2010

Agree with Devendra

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On 17 March 2011 at 21:24
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IFRS ( London)
289 Points Joined June 2009

taxable amt of perq is 10 % of the value of fridge.......

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On 17 March 2011 at 21:28


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