TMI BlogEmployer Pays Taxes Directly to Authority: Non-Monetary Transaction Exempt u/s 10(10CC) of Income Tax Act.Tax perquisites - tax borne by employer is paid directly to the tax authority and there is no payment to the tax employee, the tax so borne is a non-monetary transaction and the same is exempted u/s 10(10CC) - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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