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Direct Taxation

What do u mean by and whats the difference of the following. 1. Reimbursement of expenses incurred in the official discharge of duties is not a perquisites 2.amount paid by an employer in respect of any employee obligation is a perquisites..

Shru Kanda

CA Inter

★ 610

09-Jan-21 10:26

331

Answers (3)

Say amount is paid for official travel - it is not perquisite. If water bill of employee is paid by employer, it is a perquisite

CA Suraj Lakhotia

Admin

09-Jan-21 11:21

Ok.. So if its not a perquisite its not taxable right?

Thread Starter

Shru Kanda

CA Inter

★ 610

09-Jan-21 11:30

Yes, absolutely

Kishore Babu

CA Inter

★ 8K+

09-Jan-21 13:54

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