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    <title>Perquisites - Supply of Gas, Electricity or Water Facility - (New) Rule 15(4) / (Old) Rule 3(4)</title>
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    <description>Employer-provided household gas, electricity or water is a taxable perquisite in salary income. If the supply is obtained from an outside agency, the taxable value is the employer&#039;s payment to the agency less any amount recovered from the employee. If supplied from the employer&#039;s own resources, the taxable value is the cost of production or manufacturing cost per unit less the employee&#039;s contribution. A utility allowance is fully taxable, and expenses paid by the employer for connections in the employee&#039;s name are taxable as discharge of the employee&#039;s obligation.</description>
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    <pubDate>Fri, 07 Aug 2015 15:49:00 +0530</pubDate>
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      <title>Perquisites - Supply of Gas, Electricity or Water Facility - (New) Rule 15(4) / (Old) Rule 3(4)</title>
      <link>https://www.taxtmi.com/manuals?id=881</link>
      <description>Employer-provided household gas, electricity or water is a taxable perquisite in salary income. If the supply is obtained from an outside agency, the taxable value is the employer&#039;s payment to the agency less any amount recovered from the employee. If supplied from the employer&#039;s own resources, the taxable value is the cost of production or manufacturing cost per unit less the employee&#039;s contribution. A utility allowance is fully taxable, and expenses paid by the employer for connections in the employee&#039;s name are taxable as discharge of the employee&#039;s obligation.</description>
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