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Perquisite - Educational facility
Direct Taxation
Benefit of educational facility given to "any other member of household" in an educational institution which is not maintained by the employer. Is this benefit taxable only in the case of specified employee or for both specified as well as non-specified employee?
Answers (2)
If school fees of children of employee or any member of employee's household is paid or reimbursed by the employer on employee's behalf, it will be perquisite in the hands of all employees. But if the education facility is provided in the school maintained by the employer or in any school by reason of his being employment at free of cost or at concessional rate, it would be perquisite in the hands of specified employees only. As per rule 3(5)
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