What wil be the Tax treatment of FRIDGE GIVEN BY EMPLOYER TO EMPLOYEE under the head income from salary..........
8 Replies
Devendra
(Chartered Accountant)
(4775 Points)
Replied 16 March 2011
It will be Taxable in the hands of the Employee under the haed Income from Salary as a Perquisite.
Regards,
Devendra
ADILA
(STUDENT)
(32 Points)
Replied 17 March 2011
which is the section add backing depreciation asper companies act
Pradeep Patankar
(IFRS ( London))
(289 Points)
Replied 17 March 2011
taxable amt of perq is 10 % of the value of fridge.......
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