Perquisite Tax

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..... Dear Expert, One of our director getting salary ₹50000/- Per month from a unit in delhi which provided him unfurnished rent free accommodation and also getting salary from other unit ₹50 .....

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..... 0000/- per month. Perquisite tax on rent free accommodation along with electricity bill of ₹600000/- per year will be paid by Ist unit. Now my query is whether perquisite tax paid on electric .....

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..... ity bills being monetary payments is exempt in the hand of employee or not. Please quote some circular or case law in this issue. Regards, WADHWA - Reply By mayank srivastava - The Reply .....

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..... = Dear Mr. Wadhwa, Tax Paid only on RFA can be exempted, as it considered as a non monetary perks. Regards, Mayank - Perquisite Tax - Query Started By: - S.C. WADHWA Dated:- 19-6-201 .....

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..... 3 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementind .....

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..... ia.com - TMI - TaxTMI - TMITax .....

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