TMI BlogGift to employeesX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, Please Clarify whether as per Schedule I gift in kind amount of 50,000/- by an employer to his employee is for per employee or all employees per Financial Year ? - Reply By KASTURI SE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... THI - The Reply = It is per employee. the language is 'by an employer to an employee Provided that gifts not exceeding fifty thousand rupees in value in a financial year by an employer t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o an employee shall not be treated as supply of goods or services or both. - Reply By Ashiesh Prremji - The Reply = Yes Sir....Thanks for Clarification. - Gift to employees - Query Started By: - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ashiesh Prremji Dated:- 29-9-2021 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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