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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Tax perquisites - tax borne by employer is paid directly to the ...


Employer Pays Taxes Directly to Authority: Non-Monetary Transaction Exempt u/s 10(10CC) of Income Tax Act.

August 10, 2016

Case Laws     Income Tax     AT

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

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