Answer Posted / hemanth.n.s
The taxation of perquisites -- or fringe benefits --
provided by an employer to his employees, in addition to
the cash salary or wages paid, is fringe benefit tax.
Any benefits -- or perks -- that employees (current or
past) get as a result of their employment are to be taxed,
but in this case in the hands of the employer.
| Is This Answer Correct ? | 32 Yes | 6 No |
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