What is perquisites & tax-free prequisites?
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Answer / pawan kaushik
the perquisites which is provided by the employer to his
employee which are not taxable in the hands of employer are
called tax free perquisites. Employee is liable to pay tax
on such perquisites are called tax free perquisites in the
hands of employer such as Rent free Accommodation,service
of gardners, sweepers,watchman etc.
Is This Answer Correct ? | 28 Yes | 2 No |
perquisites are the amenites provided by the employer to
his employee this are non monetary incentives
tax free perquisites are those perquisites which are tax
free
e.g car
Is This Answer Correct ? | 29 Yes | 7 No |
Answer / ahmed khan
Special benefits for executives that are usually non-cash items.
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / ravinder
# 2
the perquisites which is provided by the employer to his
employee which are not taxable in the hands of employer are
called tax free perquisites. Employee is liable to pay tax
on such perquisites are called tax free perquisites in the
hands of employer such as Rent free Accommodation,service
of gardners, sweepers,watchman etc.
Is This Answer Correct ? | 6 Yes | 1 No |
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